First Real Estate Investment Trust of New Jersey is an equity real estate investment trust. It acquires, develops, constructs and holds real estate properties for long-term investment and not for resale. It operates its business through the Commercial Properties and Residential Properties segments. The Commercial Properties segment contains multi-tenanted retail or office centers, a single tenanted store, as well as owns land in Rockaway and Rochelle Park, NJ. The Residential Properties segment operates multi-family apartment communities. The company was founded on November 1, 1961 and is headquartered in Hackensack, NJ.
![First Real Estate Investment Trust of New Jersey logo](https://files.capedge.com/8-K/0001174947-20-000031/image_001.jpg)
Company profile
Ticker
FREVS
Exchange
Website
CEO
Robert S. Hekemian
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Damascus Centre, LLC • Westwood Hills, LLC • Wayne PSC, LLC • Grande Rotunda, LLC • WestFREIT, Corp. • FREIT Regency, LLC • Station Place on Monmouth, LLC • Berdan Court, LLC ...
IRS number
221697095
FREVS stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
27 Jun 24
8-K
FREIT Announces Settlement of Litigation with Sinatra Properties, LLC and Kushner Companies, LLC
27 Jun 24
10-Q
2024 Q2
Quarterly report
14 Jun 24
8-K
FREIT Announces Second Quarter 2024 Results
14 Jun 24
ARS
2023 FY
Annual report to shareholders
13 May 24
DEF 14A
Definitive proxy
13 May 24
8-K
Other Events
2 May 24
8-K
Other Events
4 Apr 24
8-K
FREIT Announces First Quarter 2024 Results
15 Mar 24
10-Q
2024 Q1
Quarterly report
15 Mar 24
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Oct 23 | Oct 22 | Oct 21 | Oct 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 16.71 mm | 16.71 mm | 16.71 mm | 16.71 mm | 16.71 mm | 16.71 mm |
Cash burn (monthly) | 468.33 k | 879.83 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.36 mm | 2.55 mm | n/a | n/a | n/a | n/a |
Cash remaining | 15.35 mm | 14.16 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 32.8 | 16.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
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Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Mar 24 | John A Aiello | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 1,230 | 0.00 | 26,520 |
22 Mar 24 | Artinian Ronald J | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 1,230 | 0.00 | 488,333 |
22 Mar 24 | Richard Aslanian | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 1,230 | 0.00 | 49,200 |
22 Mar 24 | Hekemian David | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 1,230 | 0.00 | 214,859 |
22 Mar 24 | Robert S Hekemian Jr | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 1,230 | 0.00 | 218,196 |