EXHIBIT 99.2

                    CERTIFICATION OF CHIEF FINANCIAL OFFICER
                           PURSUANT TO 18 U.S.C. 1350,
      AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In connection with the Quarterly Report of First Real Estate Investment Trust of
New Jersey (the "Company") on Form 10-Q for the period ended April 30, 2003 (the
"Report"), I, Donald W. Barney, President, Treasurer and Chief Financial Officer
of the Company, do hereby certify, pursuant to 18 U.S.C 1350, as adopted
pursuant to section 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge:

     1.   the Report fully  complies with the  requirements  of section 13(a) or
          15(d) of the Securities Exchange Act of 1934, 15 U.S.C. 78m or 78o(d),
          and

     2.   the  information  contained  in the  Report  fairly  presents,  in all
          material respects,  the financial  condition and results of operations
          of the Company.



Dated: June 16, 2003



                                                  /s/  Donald W. Barney
                                                  ------------------------------
                                                  Donald W. Barney
                                                  President, Treasurer and Chief
                                                  Financial Officer