{"filings":[{"id":1012796,"accession_number":"0001174947-26-000659","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2026-06-12T14:04:02+00:00","items":["2.02","9.01"],"status":"ready","headline":"FREIT adopts plan of voluntary liquidation; estimates distributions $24.44-$30.03/share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["GAAP EPS $0.08 for Q2 (down from $0.12 YoY); AFFO per share $0.16 (down from $0.23).","Total real estate revenue $7.6M (+5.2% YoY); residential occupancy 95.7% (down from 97.1%).","Board approved liquidation plan on May 12, 2026; seeks stockholder approval fall 2026.","Estimated distribution $24.44-$30.03/share, representing premium to $15.25 stock price on May 13.","Sold Franklin Crossing for $27M (close Q3 2026); Westwood Plaza for $28.8M (close early 2027)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":697796,"accession_number":"0001174947-26-000621","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2026-05-27T21:07:28+00:00","items":["1.01","9.01"],"status":"ready","headline":"FREVS agrees to sell Westwood Plaza to Regency Centers affiliate for $28.8M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price of $28.8M; initial deposit $1.2M, additional $1M after 120-day due diligence.","Buyer has option to extend due diligence up to 9 extra months at $50k/month; no financing contingency.","Board unanimously approved; closing targeted by August 15, 2027.","Property is 100% ownership interest in Westwood Plaza shopping center in Westwood, NJ."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":443437,"accession_number":"0001174947-26-000600","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2026-05-14T20:29:24+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"FREIT board approves voluntary liquidation; estimates distribution of $24.44-$30.03 per share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board unanimously approved Plan of Voluntary Liquidation; requires stockholder approval at special meeting expected in Fall 2026.","Estimated net proceeds to stockholders range $24.44-$30.03 per share, vs. recent close of $15.25 on May 13, 2026.","CEO Robert Hekemian Jr. eligible for $1M cash bonus if all properties sold within 18 months for gross proceeds >$319.9M.","Hekemian & Co. gets 1.65% sales fee on property sales plus 2.5x annual base mgmt fee termination fee.","FREIT portfolio: 7 residential, 5 commercial properties, 3 vacant parcels; expects to sell within 24 months of stockholder approval."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":83361,"accession_number":"0001174947-26-000594","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2026-05-14T15:03:56+00:00","items":["1.01","9.01"],"status":"ready","headline":"First Real Estate Investment Trust extends shareholder rights plan to July 2029","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholder Rights Agreement term extended from July 31, 2026 to July 31, 2029 via First Amendment dated May 12, 2026.","Amendment entered into with Rights Agent Computershare Trust Company, N.A.","Original rights plan adopted July 31, 2023; no other substantive changes disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98083,"accession_number":"0001174947-26-000475","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2026-04-10T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"FREIT declares Q2 dividend of $0.10 per share, payable June 12, 2026","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Second-quarter dividend of $0.10 per common share declared on April 9, 2026.","Record date is May 29, 2026; payment date is June 12, 2026.","Board will evaluate dividends quarterly; no assurance of future payouts.","Amount declared is not indicative of future dividend levels."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98082,"accession_number":"0001174947-26-000467","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2026-04-09T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"First Real Estate Investment Trust sells Franklin Crossing shopping center for $27M to Regency Centers affiliate","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price of $27M for 100% ownership interest in Franklin Crossing shopping center in Franklin Lakes, NJ.","Initial $1M deposit due within three business days; additional $1M due after 30-day inspection period ends May 8, 2026.","Deposits become non-refundable after inspection period except for certain termination rights; no financing contingency.","Closing expected in Q3 2026; Board approved unanimously.","Regency Centers Acquisition, LLC is the purchaser; Seller retains customary indemnities and conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113352,"accession_number":"0001174947-26-000380","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2026-03-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FREIT Q1 2026 EPS $0.13 vs $0.08; AFFO $0.20; dividend raised to $0.10","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $0.13, up $0.05 YoY; AFFO per share $0.20 vs $0.16.","Total revenue $7.5M, up 3.2% driven by residential rent increases.","Residential occupancy 95.5% (down from 96.8%); commercial occupancy 47.5% (down from 48.2%).","Dividend raised to $0.10/share for Q1, payable March 13, 2026.","$25M Preakness mortgage extended to May 1, 2026 while refinancing discussions continue."],"consensus_eps_estimate":null,"consensus_eps_actual":0.13,"consensus_revenue_estimate":null,"consensus_revenue_actual":7504000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113351,"accession_number":"0001174947-26-000104","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2026-01-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FREIT Q4 EPS flat $0.15; AFFO triples to $0.27; dividend cut to $0.10/share","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $0.15 in Q4 (flat YoY); twelve-month EPS $0.47 vs $2.13 due to prior-year $15.7M litigation settlement.","AFFO per share improved to $0.27 in Q4 from $0.05; twelve-month AFFO $0.89 vs $0.47.","Total revenue +4% to $7.55M; commercial occupancy 49.2%, residential 95.8%. $25M Preakness mortgage matured; extension talks ongoing.","Quarterly dividend slashed to $0.10 from $0.70; annual dividend $0.36 vs $0.85."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113350,"accession_number":"0001174947-26-000052","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2026-01-15T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"First Real Estate Investment Trust declares Q1 2026 dividend of $0.10 per share","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Declares $0.10 per share common stock dividend for Q1 2026.","Record date: February 27, 2026; payment date: March 13, 2026.","Board to evaluate dividend quarterly; no assurance of future payments.","Dividend amount is not indicative of future declarations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129722,"accession_number":"0001174947-25-001272","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2025-10-08T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"First Real Estate Investment Trust declares Q4 dividend of $0.10 per share","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Dividend of $0.10 per share declared for Q4, payable Dec 15, 2025 to holders of record Dec 1, 2025.","Board will evaluate dividends quarterly; no assurance of future payments.","Amount declared is not necessarily indicative of future dividends."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146313,"accession_number":"0001174947-25-001198","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2025-09-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FREIT Q3 AFFO $0.23/share, revenue +1.4%, commercial occupancy slides","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $0.12 vs $1.98 a year ago; prior year included $14.1M litigation settlement.","AFFO per share $0.23, up from $0.18; revenue $7.24M, up 1.4%.","Commercial occupancy fell to 47.6% from 51.8%; residential stable at 96.9%.","Paid down $5.7M on Valley National Bank loan; extended to May 2026 at 8.5% interest.","Q3 dividend $0.10/share declared, payable Sept 12, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":21771000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146312,"accession_number":"0001174947-25-001001","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2025-07-18T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"First Real Estate Investment Trust of NJ holds annual meeting; elects directors and ratifies auditors","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Stockholders elected Ronald J. Artinian and Justin F. Meng as directors for three-year terms.","Artinian received 4,235,309 votes for, 251,816 withheld; Meng received 4,431,805 for, 55,320 withheld.","Ratification of EisnerAmper LLP as independent auditor for FY 2025 approved with 6,306,900 for, 102,709 against, 1,567 abstentions.","Annual meeting held on July 17, 2025; no other shareholder proposals were voted on."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146311,"accession_number":"0001174947-25-000998","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2025-07-17T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"FREIT declares $0.10 Q3 dividend, payable Sept 12, 2025","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Dividend of $0.10 per share declared on July 17, 2025 for Q3.","Record date: August 29, 2025; payment date: September 12, 2025.","Board will evaluate dividend quarterly; no guarantee of future payments.","Amount not indicative of future dividends."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164670,"accession_number":"0001174947-25-000921","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2025-06-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FREIT Q2 EPS $0.12 vs $0.07 YoY; AFFO $0.23; dividend $0.08","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $894K ($0.12 EPS) vs $533K ($0.07 EPS) YoY; revenue $7.26M down 0.2% due to commercial decline.","Residential NOI up to $3.26M (commercial NOI down to $563K); residential occupancy 97.1%, commercial 48.2%.","AFFO per share $0.23 (vs $0.21 YoY); six-month AFFO $0.39 vs $0.24.","Extended $15.7M Westwood Plaza loan to May 2026; paid down $5.7M to $10M at 8.5% fixed, annual debt service savings ~$705K.","Q2 dividend $0.08/share paid June 13, 2025 to holders of record May 30."],"consensus_eps_estimate":null,"consensus_eps_actual":0.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":14527000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164671,"accession_number":"0001174947-25-000492","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2025-04-03T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"FREIT declares $0.08/share Q2 dividend, record May 30, payable June 13","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Dividend of $0.08 per share on common stock declared by Board of Directors on April 3, 2025.","Record date: May 30, 2025; payment date: June 13, 2025.","Board will evaluate dividend on a quarterly basis; no assurance of future dividends.","Stock trades on OTC Pink Market under ticker FREVS."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182394,"accession_number":"0001174947-25-000331","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2025-03-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FREIT Q1 2025 net income $0.08/sh vs loss; AFFO $0.16; revenue up 3.9%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $614K ($0.08/sh) vs loss of ($512K) ($0.07) in prior year; AFFO rose to $0.16 from $0.04.","Total real estate revenue $7,269K, +3.9% YoY; residential occupancy 96.8% (up from 95.3%).","G&A expenses fell $963K due to lower advisory and legal costs; commercial NOI declined to $567K from $654K.","Dividend declared $0.08/sh vs $0.05 last year, paid March 14, 2025.","Loans extended: $13.9M Provident Bank to Dec 2027 at 6.05%; $15.7M Valley National extended 90 days to May 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":7269000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182393,"accession_number":"0001174947-25-000122","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2025-02-04T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"FREIT extends $16.5M loan on Westwood Plaza by 90 days to May 1, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Extended $16.5 million loan with Provident Bank secured by Westwood Plaza Shopping Center.","Maturity moved from February 1, 2025 to May 1, 2025 (90-day extension).","All other terms and conditions of the existing loan agreement remain unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182392,"accession_number":"0001174947-25-000072","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2025-01-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FREIT Q4 GAAP EPS $0.15, AFFO $0.05; full-year $2.13 EPS on $15.7M settlement; special dividend $0.58","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $0.15 for Q4 (vs $0.09); twelve-month $2.13 (vs $0.10) from $15.7M litigation settlement.","AFFO per share $0.05 (Q4) vs $0.17 prior year; twelve-month $0.47 vs $0.57.","Total dividend $0.70/share paid Dec 13: $0.12 regular + $0.58 special; FY dividends $0.85.","Commercial occupancy 51.0% (down from 61.3%) due to Kmart vacating; residential 95.9% flat.","Mortgage on Middletown NY property extended to Dec 2027 at 6.05% fixed rate."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182391,"accession_number":"0001174947-25-000038","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2025-01-17T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"First Real Estate Investment Trust declares $0.08 quarterly dividend for Q1 2025","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Dividend of $0.08 per share declared, payable March 14, 2025 to holders of record February 28, 2025.","Board will continue to evaluate dividend on a quarterly basis; no assurance of future dividends.","Amount declared is not necessarily indicative of future dividend amounts."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199014,"accession_number":"0001174947-24-001179","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2024-10-29T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"FREIT declares $0.70/share total dividend, including $0.58 special, for Q4 fiscal 2024","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly dividend of $0.12 per share declared based on full fiscal year operating results.","Special dividend of $0.58 per share from cash reserves declared by the Board.","Total dividend of $0.70 per share payable on Dec 13, 2024 to holders of record Nov 29, 2024.","Total dividends for Fiscal 2024 reach $0.85 per share on Common Stock.","Board will evaluate dividends quarterly; no assurance of future dividends."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215057,"accession_number":"0001174947-24-001061","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2024-09-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FREIT Q3 GAAP EPS $1.98 on $14.1M litigation settlement; AFFO $0.18; dividend cut to $0.05","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $14.8M ($1.98/share) vs net loss $412K (-$0.06) year ago; includes ~$14.1M litigation settlement.","Total real estate revenue $7.15M, down 2% YoY; commercial segment down ~$433K as Kmart vacated Westwood Plaza.","AFFO per share $0.18 (up from $0.10); dividend declared $0.05 per share vs $0.30 in prior year Q3.","Commercial occupancy fell to 51.8% from 65.1%; residential occupancy stable at 96.8%.","Extended $8.9M mortgage with Provident Bank to May 2027 at 6.75% fixed rate."],"consensus_eps_estimate":null,"consensus_eps_actual":1.99,"consensus_revenue_estimate":null,"consensus_revenue_actual":21421000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215056,"accession_number":"0001174947-24-000929","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2024-07-31T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"First Real Estate Investment Trust declares $0.05 Q3 dividend","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Declared Q3 2024 dividend of $0.05 per share on common stock.","Record date August 30, 2024; payable September 13, 2024.","Board will evaluate dividend quarterly; no assurance of future payments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234295,"accession_number":"0001104659-24-075620","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2024-06-27T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"FREVS shareholders elect three directors and ratify EisnerAmper as auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Re-elected John A. Aiello as director: 4,295,291 for, 380,563 withheld.","Re-elected Richard J. Aslanian as director: 4,250,251 for, 425,603 withheld.","Re-elected David B. Hekemian as director: 4,247,551 for, 428,303 withheld.","Ratification of EisnerAmper LLP as auditor for FY 2024: 6,050,315 for, 375,570 against, 3,850 abstentions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234294,"accession_number":"0001104659-24-075360","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2024-06-27T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"FREIT settles litigation with Kushner Companies for $16.9M, receives $15M deposit","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Total settlement of $16.9M: $15.0M deposit released plus $1.9M payment due by July 26, 2024.","$15.0M deposit already received by FREIT and its affiliates; remaining $1.9M due in July.","Litigation dismissed with prejudice; mutual releases exchanged, no admission of liability.","Dispute arose from a January 2020 purchase and sale agreement; lis pendens discharged.","Settlement concludes a multi-year legal dispute with Sinatra Properties and Kushner Companies."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234293,"accession_number":"0001174947-24-000840","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2024-06-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FREIT Q2 net income rises to $533K; AFFO $0.21; commercial occupancy drops to 50.7%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $0.07 for Q2 ended April 30, 2024, up from $0.01 YoY; net income $533K vs $97K.","AFFO per share $0.21, up from $0.13 YoY; six-month AFFO $0.24 vs $0.30.","Commercial average occupancy fell to 50.7% from 64.8% due to Kmart vacating Westwood Plaza.","Six-month net income dropped to $21K from $516K; G&A surged $1.0M on legal and advisory costs.","Dividend maintained at $0.05 per share; extended $9M mortgage at fixed 6.75% to May 2027."],"consensus_eps_estimate":null,"consensus_eps_actual":0.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":14274000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234292,"accession_number":"0001174947-24-000658","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2024-05-02T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"NJ Appellate Division orders Sinatra to pay FREIT $15M liquidated damages","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Court affirmed Sinatra breached Purchase Agreement; reversed prior ruling voiding liquidated damages.","FREIT entitled to $15 million liquidated damages plus $3.42M in attorneys' fees and costs.","Case remanded to trial court to enforce payment; FREIT intends to collect the awarded amounts.","Appellate Division issued opinion on May 1, 2024; FREIT filed this 8-K on May 2, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234291,"accession_number":"0001174947-24-000516","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2024-04-04T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"FREIT declares Q2 dividend of $0.05 per share","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Q2 dividend of $0.05 per share on common stock declared.","Record date: May 31, 2024; payable June 14, 2024.","Board to evaluate dividend quarterly; no assurance of future dividends."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252192,"accession_number":"0001174947-24-000356","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2024-03-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FREIT Q1 GAAP loss per share $0.07 vs prior income $0.06; AFFO down to $0.04 from $0.17","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of ~$512K ($0.07 diluted) vs net income of $419K ($0.06) a year ago.","Total real estate revenue $6.999M, up 0.3% YoY; residential rents up, commercial down.","Commercial occupancy fell to 50.1% from 66.4% after Kmart vacated Westwood Plaza in Oct 2023.","G&A expenses surged $981K due to financial advisory work and litigation costs with Sinatra Properties.","Repaid $7.5M Rockaway, NJ loan on Jan 11, 2024, saving ~$558K annual debt service; dividend held at $0.05."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":6999000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252191,"accession_number":"0001174947-24-000134","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2024-01-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FREIT Q4 fiscal 2023: EPS $0.09, revenue $7.15M, AFFO per share $0.17","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 GAAP EPS $0.09 vs ($0.08) loss; net income $656K vs ($554K) loss a year ago.","Q4 AFFO per share $0.17 vs ($0.04); full year AFFO $0.57 vs $0.40.","Revenue Q4 $7.15M (+1.5% YoY); residential occupancy 95.9% (down from 97.6%), commercial 61.3% (down from 65.9%).","Refinanced Westwood Hills loan at fixed 6.05% for 3 years; paid off $7.5M Rockaway loan in Jan 2024.","Q4 dividend $0.05 per share paid Dec 15, 2023 to holders of record Dec 1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252190,"accession_number":"0001174947-24-000129","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2024-01-26T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"FREIT declares Q1 2024 dividend of $0.05 per share","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Dividend of $0.05 per share declared for Q1 2024, payable March 15, 2024.","Record date for the dividend is March 1, 2024.","Board will evaluate dividend quarterly; no assurance of future dividends.","Current dividend amount not indicative of future dividend levels."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":269713,"accession_number":"0001104659-23-107924","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2023-10-10T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"FREIT declares $0.05/share Q4 dividend payable Dec 15, 2023","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Dividend of $0.05 per common share declared for Q4 2023.","Record date: December 1, 2023; payment date: December 15, 2023.","Board will evaluate dividends quarterly; future dividends not assured.","Dividend amount not indicative of future declarations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286714,"accession_number":"0001174947-23-001141","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2023-09-26T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Kushner moves to dismiss FREIT's complaint seeking to pierce corporate veil for $3.42M judgment","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["FREIT filed complaint on July 19, 2023, to collect $3.42M judgment against Sinatra Properties LLC, an affiliate of Kushner.","Complaint alleges Kushner used Sinatra as a shell to evade debts and asks court to pierce corporate veil.","On Sep 22, 2023, Kushner filed motion to dismiss complaint in lieu of an answer.","FREIT will vigorously oppose the motion to dismiss."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286713,"accession_number":"0001174947-23-001120","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2023-09-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FREIT Q3 net loss $0.06/sh; AFFO falls to $0.10 from $0.15; revenue up 4.8%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $412K ($0.06 diluted loss per share) vs net income of $1.12M ($0.16 diluted EPS) a year ago.","Real estate revenue rose 4.8% to $7.30M, driven by residential base rent increases.","AFFO per share $0.10 vs $0.15; dividend declared $0.30/share ($0.05 ordinary + $0.25 special).","Kmart lease at Westwood Plaza terminated; potential annual rent of $930K-$1.685M from new tenants.","Westwood Hills loan refinanced at fixed 6.05% from variable ~9.21%, saving ~$535K annually."],"consensus_eps_estimate":null,"consensus_eps_actual":0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":21191000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286712,"accession_number":"0001174947-23-000978","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2023-08-03T23:59:59+00:00","items":["1.01","3.03","5.03","8.01","9.01"],"status":"ready","headline":"FREIT adopts stockholder rights plan with 10% trigger in response to Kushner interest","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board adopted a rights plan (poison pill) with 10% beneficial ownership threshold; rights expire July 31, 2026.","Rights become exercisable if any person acquires 10% or more of FREIT common stock; then holders (excluding acquirer) can purchase shares at 50% discount.","Plan adopted in response to unsolicited non-binding expression of interest from K Corp Acquisitions LLC, a Kushner company.","Ongoing litigation with Sinatra LLC (Kushner) over abandoned January 2020 asset purchase agreement; board seeks to resolve claims before considering any transaction.","Dividend of one preferred stock purchase right per share declared; record date August 11, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286711,"accession_number":"0001174947-23-000903","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2023-07-13T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"FREIT declares $0.30/share total dividend including $0.25 special from rent escrow","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Third-quarter ordinary dividend of $0.05 per share declared.","Special dividend of $0.25 per share from post-closing rent escrow on Maryland property sale.","Total $0.30 per share payable September 15, 2023; record date September 1, 2023.","Board to evaluate future dividends quarterly; no assurance of future payments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306646,"accession_number":"0001174947-23-000892","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2023-06-29T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"FREIT receives unsolicited nonbinding acquisition interest from Kushner's K Corp","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Board received letter from K Corp Acquisitions LLC on June 27, 2023 expressing nonbinding interest in acquiring FREIT.","K Corp is a Kushner company; letter released publicly same day.","Litigation between FREIT and affiliates vs Sinatra LLC (Kushner company) pending in NJ Appellate Division.","Board will evaluate the letter consistent with fiduciary duties; no stockholder action required now."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306645,"accession_number":"0001174947-23-000858","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2023-06-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FREIT Q2 fiscal 2023 EPS $0.01, dividend cut to $0.05, AFFO $0.13 vs $0.15","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $97k ($0.01 diluted EPS) vs net loss $352k ($0.05) in prior Q2; revenue $6.9M (+4.6% YoY).","Dividend declared $0.05 per share, paid June 15, 2023, down from $0.10 in prior year Q2.","AFFO per share $0.13 (Q2) vs $0.15 prior year; six-month AFFO $0.30 vs $0.29.","Residential occupancy 97.5% (down from 98.5%), commercial occupancy 64.8% (down from 66.6%).","Westwood Hills loan extended to Oct 2023; expected refinancing $25.5M at 6.05% by Aug 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":13895000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306644,"accession_number":"0001174947-23-000854","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2023-06-12T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Annual meeting results: directors elected, say-on-pay approved, auditors ratified","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Re-elected Robert S. Hekemian Jr. and David F. McBride as directors for three-year terms.","Advisory vote on executive compensation approved: 3.8M for, 716K against, 581K abstentions.","Stockholders favored a three-year interval for future say-on-pay votes (2.8M for 3 years).","Ratification of EisnerAmper LLP as auditors for FY ending Oct 31, 2023 approved (6.0M for)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306643,"accession_number":"0001174947-23-000631","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2023-04-27T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"FREIT declares $0.05 per share quarterly dividend","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Dividend of $0.05 per share on common stock declared by Board of Directors.","Record date: June 1, 2023; payment date: June 15, 2023.","Board will evaluate dividend quarterly; no assurance of future dividends.","Amount not necessarily indicative of future dividend levels."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325758,"accession_number":"0001174947-23-000363","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2023-03-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FREIT Q1 EPS $0.06 vs $6.45; revenue down 34.5%; dividend halved to $0.05","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP diluted EPS $0.06 vs $6.45 YoY; net income $419K vs $45.8M.","Real estate revenue $6.98M, down 34.5% due to sale of Maryland Properties.","AFFO per share $0.17 vs $0.14; dividend declared $0.05, half of prior $0.10.","Same-property residential NOI $2.61M (+1%), commercial NOI $1.05M (+17%).","Extended Westwood Plaza loan to Feb 2024 at 7.5% fixed; Westwood Hills loan extended to Oct 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":6979000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325757,"accession_number":"0001174947-23-000320","cik":36840,"company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","ticker":"FREVS","form_type":"8-K","filed_at":"2023-03-10T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"FREIT amends management agreement; M&A termination fee raised to 2.5x from 1.25x","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board approved Second Amendment to Management Agreement with Hekemian & Co. on March 9, 2023.","M&A termination fee increased from 1.25x to 2.5x the standard termination fee.","Standard termination fee amount was not disclosed in the filing.","Original Management Agreement dated November 1, 2001 remains otherwise unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":164613512.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}