FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.
FREVSOTCReal Estate · Real Estate Investment Trusts · NJ · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $7.3M | $7.0M | $28.3M | $31.3M | $50.3M | $52.7M |
| Operating income | $15.2M | $15.1M | $14.7M | $16.0M | $13.5M | $3.8M |
| Net income | $614,000 | −$512,000 | $760,000 | $46.0M | $927,000 | $20.6M |
| Total assets | $149.9M | $162.3M | $159.1M | $178.6M | $346.1M | $355.2M |
| Total liabilities | $124.2M | $136.1M | $140.6M | $153.9M | $314.2M | $324.4M |
| Equity | $34.0M | $33.4M | $24.5M | $25.9M | $36.6M | $34.9M |
| EPS (diluted) | $0.08 | $-0.07 | $0.10 | $6.45 | $0.13 | $2.94 |
| Shares out. | 7.5M | 7.4M | 7.4M | 6.9M | 6.9M | 6.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 208.7%
- Net margin
- 8.4%
- Return on equity
- 1.8%
- Return on assets
- 0.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 82.9%
- Debt / equity
- 3.65×
- Book value / share
- $4.56
- Revenue growth (YoY)
- 3.9%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −3.8%clean
- Piotroski F-Score
- 6/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 1 warning● 4 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Jan 14, 2020
- NT 10-Kmissed a reporting deadline ↗Jan 16, 2007
- NT 10-Kmissed a reporting deadline ↗Feb 1, 2005
- NT 10-Qmissed a reporting deadline ↗Jun 15, 2004
- NT 10-Qmissed a reporting deadline ↗Mar 18, 2003
- NT 10-Qmissed a reporting deadline ↗Jun 16, 1998
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Hekemian DavidPassive (13G)Feb 10, 2026
- Hekemian Robert S JrPassive (13G)Feb 10, 2026
- Artinian Ronald JPassive (13G)Jan 28, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Hekemian Robert S JrOfficer — Chief Executive Officer | Mar 12, 2026 | Grant | 1,584 | $0.00 |
| Meng JustinDirector | Mar 12, 2026 | Grant | 1,584 | $0.00 |
| Mcbride David FDirector | Mar 12, 2026 | Grant | 1,584 | $0.00 |
| Hekemian DavidDirector | Mar 12, 2026 | Grant | 1,584 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 315 | 1.0 | +44.5% |
| Apr 30, 2026 | 218 | 1.0 | -31.4% |
| Apr 15, 2026 | 318 | 1.0 | 0.0% |
| Mar 31, 2026 | 318 | 1.0 | 0.0% |
| Mar 13, 2026 | 318 | 1.0 | -22.1% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreementMay 27, 2026
- Entered a material agreement · Other material eventMay 14, 2026
- Entered a material agreementMay 14, 2026
- Other material eventApr 10, 2026
- Entered a material agreementApr 9, 2026
- Results of operationsJan 29, 2026
- Other material eventJan 15, 2026
- Other material eventOct 8, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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