---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-22-001284"
form_type: "8-K"
ticker: "FREVS"
cik: "0000036840"
company_name: "FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC."
filed_at: "2022-12-23T23:59:59+00:00"
generated_at: "2026-06-20T23:42:48.191307+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FREVS appeals denial of $15M liquidated damages; purchaser cross-appeals adverse ruling

## Summary
- On Dec 8, 2022, court awarded FREVS $3.4M in attorneys' fees; plaintiff's fee request denied.
- FREVS appealed Feb 4 order that declared $15M liquidated damages unenforceable and returned escrow to plaintiff.
- Purchaser cross-appealed on Dec 22, challenging breach finding, reconsideration denial, and fee award.
- Litigation stems from a 2020 contract dispute over sale of six real properties.

## SEC filing metadata
- accession: 0001174947-22-001284
- form_type: 8-K
- ticker: FREVS
- cik: 0000036840
- company_name: FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.
- filed_at: 2022-12-23T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36840/000117494722001284/0001174947-22-001284-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36840/000117494722001284/form8k-29171_frevs.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-22-001284
- JSON: https://secwatch.observer/filing/0001174947-22-001284.json
- Plain text: https://secwatch.observer/filing/0001174947-22-001284.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.