First REIT of New Jersey | REIT Profile
Symbol: FREVS
CIK: 36840
Exchange: OTC
Founded: 1961 (65 years)
HQ: Hackensack, NJ, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Diversified, Residential, Retail
REITRating™ Score: 0.4
See FREVS on Yahoo Finance
See FREVS on SEC.gov
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First Real Estate Investment Trust of New Jersey, Inc. (FREIT MD) is an equity real estate investment trust that takes pride in its portfolio. For over 60 years its focus has been conservative, with long- term investments in commercial, residential and mixed-use properties. Their impressive record of performance over the last six decades is a tribute to the outstanding efforts made by Hekemian & Co., Inc., the real estate management and brokerage firm that has managed FREIT’s assets since its inception. Operations are conducted in compliance with the requirements for qualifying as a real estate investment trust pursuant to the Federal Internal Revenue Code, resulting in favorable tax treatment as provided under the tax code.
Stock Chart
Dividend of Trading Day
Annualized Dividend: $0*
Dividend Yield (TTM): 0%
Annualized Dividend (TTM): $0
Ex-Dividend Date:
Dividend Date:
Dividend Frequency: Quarterly
*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.
Key Stats of Trading Day
EBITDA: $0 [?]
P/E (Price-to-Earnings) Ratio: 0.00 [?]
PEG (Price/Earnings to Growth) Ratio: 0.00 [?]
Book Value: 0.00 [?]
Dividend Per Share (DPS): $0.00 [?]
Earnings Per Share (EPS): 0.00 [?]
Revenue Per Share (TTM): $0.00 [?]
Profit Margin: 0.00% [?]
Operating Margin (TTM): 0.00% [?]
Return on Equity (TTM): 0.00% [?]
Revenue (TTM): $0 [?]
Gross Profit (TTM): $0 [?]
Diluted EPS (TTM): $0.00 [?]
Quarterly Earnings Growth YOY: 0.00% [?]
Quarterly Revenue Growth YOY: 0.00% [?]
Trailing P/E: 0.00 [?]
Forward P/E: 0.00 [?]
Beta: 0.00 [?]
Price-to-Book (P/B): 0.00 [?]
Enterprise Value (EV) to Revenue: 0.00 [?]
EV to EBITDA: 0.00x [?]
Shares Outstanding: 0 [?]
52 Week High: $0.00 [?]
52 Week Low: $0.00 [?]
50 Day Moving Average: $0.00 [?]
200 Day Moving Average: $0.00 [?]
Properties Owned by FREVS
Sample of REIT’s Properties. Image Source - REIT’s website
REIT Simulation
Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.
| With $1,000 USD | With $500 USD | With $250 USD | With $100 USD | With $50 USD | |
|---|---|---|---|---|---|
| Initial investment | @ $16.09 per share you would have been able to buy 62 shares of FREVS on 2025-03-14 costing $997.58 | @ $16.09 per share you would have been able to buy 31 shares of FREVS on 2025-03-14 costing $498.79 | @ $16.09 per share you would have been able to buy 15 shares of FREVS on 2025-03-14 costing $241.35 | @ $16.09 per share you would have been able to buy 6 shares of FREVS on 2025-03-14 costing $96.54 | @ $16.09 per share you would have been able to buy 3 shares of FREVS on 2025-03-14 costing $48.27 |
| Current worth | On 2026-03-13 these 62 shares would be worth $782.44 @ $12.62 | On 2026-03-13 these 31 shares would be worth $391.22 @ $12.62 | On 2026-03-13 these 15 shares would be worth $189.30 @ $12.62 | On 2026-03-13 these 6 shares would be worth $75.72 @ $12.62 | On 2026-03-13 these 3 shares would be worth $37.86 @ $12.62 |
| Dividends earned | $17.36 in dividends would have been earned since 2025-03-14 with 62 shares. | $9 in dividends would have been earned since 2025-03-14 with 31 shares. | $4.20 in dividends would have been earned since 2025-03-14 with 15 shares. | $1.68 in dividends would have been earned since 2025-03-14 with 6 shares. | $0.84 in dividends would have been earned since 2025-03-14 with 31 shares. |
| Net (gain / loss)* | -197.78 USD | -98.89 USD | -47.85 USD | -19.14 USD | -9.57 USD |
| ROI** | -19.83% | -19.83% | -19.83% | -19.83% | -19.83% |
*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.
Dividend History
Below are the most recent cash dividends paid by FREVS. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| FREVS | 2026-02-27 | 0.100 | --- | 2026-01-15 | 2026-02-27 | 2026-03-13 |
| FREVS | 2025-12-01 | 0.100 | 25.00% | 2025-10-08 | 2025-12-01 | 2025-12-15 |
| FREVS | 2025-05-30 | 0.080 | -88.57% | 2025-04-03 | 2025-05-30 | 2025-06-13 |
| FREVS | 2024-11-29 | 0.700 | 1,300.00% | 2024-10-28 | 2024-11-29 | 2024-12-13 |
| FREVS | 2024-08-30 | 0.050 | --- | 2024-07-31 | 2024-08-30 | 2024-09-13 |
| FREVS | 2024-05-31 | 0.050 | --- | 2024-04-04 | 2024-05-31 | 2024-06-14 |
| FREVS | 2024-02-29 | 0.050 | --- | 2024-01-25 | 2024-03-01 | 2024-03-15 |
| FREVS | 2023-11-30 | 0.050 | -83.33% | 2023-10-05 | 2023-12-01 | 2023-12-15 |
| FREVS | 2023-08-31 | 0.300 | 500.00% | 2023-07-13 | 2023-09-01 | 2023-09-15 |
| FREVS | 2023-05-31 | 0.050 | --- | 2023-04-06 | 2023-06-01 | 2023-06-15 |
| FREVS | 2023-02-28 | 0.050 | -96.67% | 2023-01-13 | 2023-03-01 | 2023-03-15 |
| FREVS | 2022-11-30 | 1.500 | -80.00% | 2022-09-28 | 2022-12-01 | 2022-12-15 |
Balance Sheet | Quarterly
Income Statement | Quarterly
Cash Flow | Quarterly
REITRating™ Scorecard
Compare with other REITs | See the complete trend
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 8 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 8.1 |
| Dividend to EPS Payout Ratio Health: Analysis of the REIT’s Dividend to EPS Payout Ratios during the last four quarters. | 0.0 | |
| Dividend to EPS Payout Ratio Trend: Analysis of the REIT’s Dividend to EPS Payout Ratios trend during the last two years. | 0.0 | |
| EPS Trend: Analysis of the REIT’s EPS trend during the last two years. | 0.0 | |
| Dividend to Payout Ratio Health: Analysis of the REIT’s Dividend to Payout Ratios during the last four quarters. | 8.6 | |
| Dividend to Payout Ratio Trend: Analysis of the REIT’s Dividend to Payout Ratios trend during the last two years. | 7.4 | |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| Trend: Analysis of the REIT’s trend during the last two years. | 8.6 | |
| to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. | 4.6 | |
| Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. | 9.4 | |
| Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. | 8.2 | |
| Rating | Leverage Section | Avg. Rating |
| Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 10.0 | |
| Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 9.5 | |
| Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 6.0 | |
| Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. | 8.8 | |
| Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 5.0 | |
| Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.5 | |
| Rating | Asset & Revenue Section | Avg. Rating |
| G&A Effeciency Level: Analysis of the REIT’s General and Administrative expenses in relationship to its Revenues. | 6.4 | |
| G&A Effeciency Trend: Analysis of the Trend of the REIT’s General and Administrative expenses in relationship to its Revenues. | 6.8 | |
| Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 6.1 | |
| Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 5.8 | |
| Rating | Properties Section | Avg. Rating |
| Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. | 7.5 | |
| Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. | 8.1 | |
| Rating | Market Cap Section | Avg. Rating |
| Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 5.5 | |
| 0.4 | Overall REITRating™ Score (See trend) | 5.0 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
REITProperty
| Name | Type | Address | City | State |
|---|---|---|---|---|
| Berdan Court | Residential | 2 Hazen Ct | Wayne | NJ |
| Steuben Arms | Residential | 1182 Main St | River Edge | NJ |
| Franklin Crossing | Residential | 814-860 Franklin Ave | Franklin Lakes | NJ |
Last updated: 2026-03-14 - v7.1.1