---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-25-000921"
form_type: "8-K"
ticker: "FREVS"
cik: "0000036840"
company_name: "FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC."
filed_at: "2025-06-10T23:59:59+00:00"
generated_at: "2026-05-19T16:22:39.581644+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FREIT Q2 EPS $0.12 vs $0.07 YoY; AFFO $0.23; dividend $0.08

## Summary
- 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.

## SEC filing metadata
- accession: 0001174947-25-000921
- form_type: 8-K
- ticker: FREVS
- cik: 0000036840
- company_name: FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.
- filed_at: 2025-06-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36840/000117494725000921/0001174947-25-000921-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36840/000117494725000921/form8k-34336_frevs.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-25-000921
- JSON: https://secwatch.observer/filing/0001174947-25-000921.json
- Plain text: https://secwatch.observer/filing/0001174947-25-000921.txt

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