secwatch.observer — SEC 8-K summary
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Issuer:     FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. (FREVS)
CIK:        0000036840
Form:       8-K
Filed at:   2025-09-12T23:59:59+00:00
Accession:  0001174947-25-001198
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/36840/000117494725001198/0001174947-25-001198-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/36840/000117494725001198/form8k-34647_frevs.htm
  HTML page:      https://secwatch.observer/filing/0001174947-25-001198

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer