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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
October
8, 2025
FIRST REAL ESTATE
INVESTMENT TRUST OF NEW JERSEY, INC.
(Exact name of registrant as specified in
charter)
| Maryland |
000-25043 |
22-1697095 |
| (State or other
jurisdiction of incorporation) |
(Commission
File Number) |
(IRS
Employer
Identification No.) |
| 505 Main
Street, Suite 400, Hackensack, New Jersey |
07601 |
| (Address of principal executive offices) |
(Zip Code) |
| |
|
|
|
Registrant’s telephone number, including area
code: (201) 488-6400
(Former name or former address, if changed since last
report)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
| Common stock, par value $0.01 per share |
FREVS |
OTC Pink Market |
| Preferred Stock Purchase Rights (1) |
|
|
| (1) | Registered pursuant to Section 12 (b) of the
Act pursuant to a form 8-A filed by the registrant on August 3, 2023. Until the Distribution Date (as defined in the registrant’s
Stockholder Rights Agreement dated July 31, 2023) the Preferred Stock Purchase Rights will be transferred with and only with the shares
of the registrant’s Common Stock to which the Preferred Stock Purchase Rights are attached. |
Indicate by check mark whether the registrant is an emerging growth company
as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
(§240.12b-2 of this chapter).
Emerging growth company
☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Section 8 - Other Events
Item 8.01 Other Events.
On October 8, 2025, the Board of Directors
of First Real Estate Investment Trust of New Jersey, Inc. (“FREIT” or the “Trust”) declared a fourth quarter
dividend of $0.10 per share on the Common Stock of the Trust to holders of record of said shares at the close of business on December
1, 2025. The payment date for the dividend is December 15, 2025. The Board of Directors will continue to evaluate the dividend on a quarterly
basis and there can be no assurance that dividends will be declared for any future period. In addition, the amount of the dividend declared
on October 8, 2025 is not necessarily indicative of the amount of any dividends that may be declared in the future.
Forward-Looking and Cautionary Statements
This current report on Form 8-K may contain forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking
statements can be identified by the use of words such as “expect,” “plan,” “will,” “estimate,”
“project,” “intend,” “believe,” “guidance,” “approximately,” “anticipate,”
“may,” “should,” “seek” or the negative of these words and phrases or similar words or phrases that
are predictions of or indicate future events or trends and that do not relate to historical matters. You can also identify forward-looking
statements by discussions of strategy, plans or intentions of management. These forward-looking statements are subject to known and unknown
risks and uncertainties that you should not rely on as predictions of future events. Forward-looking statements depend on assumptions,
data and/or methods which may be incorrect or imprecise and we may not be able to realize them. The following risks and uncertainties,
among others, could cause actual results to differ materially from those currently anticipated due to a number of factors, which include,
but are not limited to: industry and economic conditions; FREIT’s ability to satisfy the conditions to closing and complete a proposed
transaction; FREIT’s dependence upon its external manager to conduct its business and achieve its investment objectives; unknown
liabilities acquired in connection with acquired properties or interests in real estate-related entities; general risks affecting the
real estate industry and local real estate markets (including, without limitation, the market value of FREIT’s properties, potential
illiquidity of FREIT’s remaining real estate investments, condemnations, and potential damage from natural disasters); the financial
performance of FREIT’s tenants; the impact of any financial, accounting, legal or regulatory issues or litigation that may affect
the Trust and its major tenants; volatility and uncertainty in the financial markets, including potential fluctuations in the consumer
price index; risks associated with FREIT’s failure to maintain status as a REIT under the Internal Revenue Code of 1986, as amended;
and other additional risks discussed in FREIT’s annual report on Form 10-K for the fiscal year ended October 31, 2024. FREIT expressly
disclaims any responsibility to update or revise forward-looking statements, whether as a result of new information, future events or
otherwise, except as required by law.
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
| |
FIRST REAL ESTATE INVESTMENT
TRUST OF NEW JERSEY, INC. |
| |
(Registrant) |
| |
|
| |
|
| |
By: |
/s/ Robert S. Hekemian, Jr. |
| |
|
Robert S. Hekemian, Jr. |
| |
|
President and Chief Executive Officer |
Date: October 8, 2025
