Welcome to our dedicated page for First Real Estate Invt Tr N J SEC filings (Ticker: FREVS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for First Real Estate Investment Trust of New Jersey, Inc. (FREIT, OTC symbol FREVS) provides access to the trust’s regulatory disclosures as a Maryland-incorporated real estate investment trust. FREIT files reports with the U.S. Securities and Exchange Commission under the Securities Exchange Act of 1934, including current reports on Form 8-K and, as referenced in its forward-looking statements, annual reports on Form 10-K and quarterly reports on Form 10-Q.
In its filings, FREIT reports operating results for its residential and commercial property segments, including real estate revenues, net income attributable to common equity, and key REIT performance measures such as Funds From Operations (FFO) and Adjusted Funds From Operations (AFFO). Form 8-K filings may also incorporate press releases that summarize financial performance for specific fiscal quarters or periods.
Some 8-K filings address other material events, such as the declaration of quarterly dividends on FREIT’s common stock. For example, a Form 8-K describes a Board resolution declaring a fourth quarter dividend and notes that the Board will continue to evaluate the dividend on a quarterly basis, while emphasizing that future dividends are not assured. Other current reports and referenced documents discuss the adoption of a stockholder rights agreement and related stockholder protections.
Through Stock Titan, users can review these filings as they are made available from EDGAR and use AI-powered tools to interpret complex disclosures. Summaries can help explain how FREIT’s reported results relate to its residential and commercial portfolio, how non-GAAP measures like FFO and AFFO are derived from GAAP net income, and how Board actions such as dividend declarations and rights plans fit into the company’s overall regulatory record.
First Real Estate Investment Trust of New Jersey reported stronger results for the fiscal quarter ended January 31, 2026. Total real estate revenue rose to about $7.5M from $7.3M, driven mainly by higher residential base rents despite a dip in average residential occupancy to 95.5% from 96.8%.
Net income attributable to common equity increased to roughly $943,000, or $0.13 per share, up from $0.08. FFO per share grew to $0.21 and AFFO per share to $0.20. The quarterly dividend was raised to $0.10 per share. The company is working with its lender on further extending or refinancing a $25M mortgage on the Preakness shopping center, currently extended through May 1, 2026.
First Real Estate Investment Trust of New Jersey reported higher earnings for the quarter ended January 31, 2026. Net income attributable to common equity rose to $943,000, or $0.13 per share, from $614,000, or $0.08 per share, helped by stronger residential rents and lower legal and professional fees.
Total revenue increased to $7.5 million from $7.3 million, with both commercial and residential segments posting higher net operating income. Cash, cash equivalents and restricted cash were $22.1 million, while mortgage debt stood at $120.8 million at a weighted average interest rate of 5.34%, with significant balloon maturities beginning in fiscal 2026. The trust declared a quarterly dividend of $0.10 per share, and reported Q1 2026 FFO of $0.21 per share and AFFO of $0.20 per share.
Hekemian Robert S Jr reported acquisition or exercise transactions in this Form 4 filing.
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. reported that Chief Executive Officer Robert S. Hekemian Jr received an award of 1,584 shares of common stock on March 12, 2026. The grant was made at a price of $0.00 per share under FREIT's Equity Incentive Plan of 1998, approved by the Board of Directors following a recommendation from the Compensation Committee.
After this award, Hekemian directly holds 220,973 common shares, with additional indirect holdings reported through various trusts, partnerships and his spouse, for many of which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Meng Justin reported acquisition or exercise transactions in this Form 4 filing.
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. director Justin Meng received an award of 1,584 shares of common stock under the company’s Equity Incentive Plan of 1998, approved by the Board of Directors upon recommendation of the Compensation Committee. Following the grant, he holds 70,847 shares directly. An additional 2,400 shares are held in an IRA for the benefit of his wife, for which he disclaims beneficial ownership.
MCBRIDE DAVID F reported acquisition or exercise transactions in this Form 4 filing.
First Real Estate Investment Trust of New Jersey, Inc. director David F. McBride received an award of 1,584 shares of common stock on March 12, 2026. The grant, priced at $0.00 per share, was made under FREIT's Equity Incentive Plan of 1998 and approved by the Board after a Compensation Committee recommendation. Following this equity award, McBride directly holds 70,095 common shares, with an additional 4,000 shares held indirectly through his wife.
Hekemian David reported acquisition or exercise transactions in this Form 4 filing.
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. director David Hekemian received an award of 1,584 shares of common stock at no cost under FREIT's Equity Incentive Plan of 1998. The award was approved by the Board of Directors based on the Compensation Committee’s recommendation.
Following this grant, he holds 217,636 shares directly. He also has indirect holdings through partnerships, trusts, a family foundation, and his spouse, and he disclaims beneficial ownership for several of these indirect positions except to the extent of any pecuniary interest.
Aslanian Richard reported acquisition or exercise transactions in this Form 4 filing.
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. director Richard Aslanian received an award of 1,584 shares of common stock. The shares were granted at no cash cost to him under FREIT's Equity Incentive Plan of 1998, as approved by the Board of Directors.
Following this equity grant, Aslanian directly holds 55,777 shares of common stock. This transaction reflects stock-based compensation rather than an open-market purchase or sale.
ARTINIAN RONALD J reported acquisition or exercise transactions in this Form 4 filing.
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. reported that Chairman of the Board Ronald J. Artinian received an award of 1,584 shares of common stock on March 12, 2026. The grant was made at $0.00 per share as a compensation award, not a market purchase.
The shares were granted under the company’s Equity Incentive Plan of 1998, following approval by the Board of Directors based on the Compensation Committee’s recommendation. After this award, Artinian directly holds 492,110 common shares and indirectly holds 52,504 common shares through IRAs.
AIELLO JOHN A reported acquisition or exercise transactions in this Form 4 filing.
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY reported that Secretary and director John A. Aiello received an award of 1,584 shares of common stock. The shares were granted at no cash cost under the company’s Equity Incentive Plan of 1998.
After this equity award, Aiello directly holds 29,297 common shares. The grant was approved by the Board of Directors based on a recommendation from its Compensation Committee, indicating this was a scheduled compensation-related stock award rather than an open-market purchase.
First Real Estate Investment Trust of New Jersey received an amended Schedule 13G filing from director David B. Hekemian reporting his ownership in the company’s common stock. He beneficially owns 509,034 shares, representing 6.8% of the outstanding common stock.
His holdings include 216,152 shares with sole voting and dispositive power and 213,662 shares with shared voting and dispositive power. The percentage is based on 7,471,344 shares of common stock outstanding as of February 5, 2026. He certifies that the securities are not held to change or influence control of the company.