---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-25-000072"
form_type: "8-K"
ticker: "FREVS"
cik: "0000036840"
company_name: "FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC."
filed_at: "2025-01-29T23:59:59+00:00"
generated_at: "2026-05-27T07:31:31.937438+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FREIT Q4 GAAP EPS $0.15, AFFO $0.05; full-year $2.13 EPS on $15.7M settlement; special dividend $0.58

## Summary
- 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.

## SEC filing metadata
- accession: 0001174947-25-000072
- form_type: 8-K
- ticker: FREVS
- cik: 0000036840
- company_name: FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.
- filed_at: 2025-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36840/000117494725000072/0001174947-25-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36840/000117494725000072/form8k-33377_frevs.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-25-000072
- JSON: https://secwatch.observer/filing/0001174947-25-000072.json
- Plain text: https://secwatch.observer/filing/0001174947-25-000072.txt

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