{"schema_version":"secwatch.filing_event.v1","accession":"0001174947-23-001120","form_type":"8-K","ticker":"FREVS","cik":"0000036840","company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","filed_at":"2023-09-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.335110+00:00","generated_at":"2026-06-10T18:02:06.829519+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"FREIT Q3 net loss $0.06/sh; AFFO falls to $0.10 from $0.15; revenue up 4.8%","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001174947-23-001120","json":"https://secwatch.observer/filing/0001174947-23-001120.json","markdown":"https://secwatch.observer/filing/0001174947-23-001120.md","text":"https://secwatch.observer/filing/0001174947-23-001120.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/36840/000117494723001120/0001174947-23-001120-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/36840/000117494723001120/form8k-30746_frevs.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T18:02:06.829519+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c38f45832d471dc416db1294a71176bbf85aba3a","claim":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. reported financial results for the fiscal quarter and nine months ended July 31, 2023.","evidence_excerpt":"The registrant has released its operating results for the fiscal quarter and nine months ended July 31, 2023. The Press Release is included as Exhibit 99.1 to this Form 8-K.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/36840/000117494723001120/0001174947-23-001120-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter and nine months ended July 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}