---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-25-001198"
form_type: "8-K"
ticker: "FREVS"
cik: "0000036840"
company_name: "FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC."
filed_at: "2025-09-12T23:59:59+00:00"
generated_at: "2026-05-17T06:47:46.613012+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# FREIT Q3 AFFO $0.23/share, revenue +1.4%, commercial occupancy slides

## Summary
- GAAP EPS $0.12 vs $1.98 a year ago; prior year included $14.1M litigation settlement.
- AFFO per share $0.23, up from $0.18; revenue $7.24M, up 1.4%.
- Commercial occupancy fell to 47.6% from 51.8%; residential stable at 96.9%.
- Paid down $5.7M on Valley National Bank loan; extended to May 2026 at 8.5% interest.
- Q3 dividend $0.10/share declared, payable Sept 12, 2025.

## SEC filing metadata
- accession: 0001174947-25-001198
- form_type: 8-K
- ticker: FREVS
- cik: 0000036840
- company_name: FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.
- filed_at: 2025-09-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36840/000117494725001198/0001174947-25-001198-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36840/000117494725001198/form8k-34647_frevs.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-25-001198
- JSON: https://secwatch.observer/filing/0001174947-25-001198.json
- Plain text: https://secwatch.observer/filing/0001174947-25-001198.txt

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