{"schema_version":"secwatch.filing_event.v1","accession":"0001174947-24-000840","form_type":"8-K","ticker":"FREVS","cik":"0000036840","company_name":"FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.","filed_at":"2024-06-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.595484+00:00","generated_at":"2026-06-01T04:28:06.964651+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"FREIT Q2 net income rises to $533K; AFFO $0.21; commercial occupancy drops to 50.7%","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001174947-24-000840","json":"https://secwatch.observer/filing/0001174947-24-000840.json","markdown":"https://secwatch.observer/filing/0001174947-24-000840.md","text":"https://secwatch.observer/filing/0001174947-24-000840.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/36840/000117494724000840/0001174947-24-000840-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/36840/000117494724000840/form8k-32425_frevs.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T04:28:06.964651+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}