---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-26-000104"
form_type: "8-K"
ticker: "FREVS"
cik: "0000036840"
company_name: "FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC."
filed_at: "2026-01-29T23:59:59+00:00"
generated_at: "2026-05-16T06:40:04.858678+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FREIT Q4 EPS flat $0.15; AFFO triples to $0.27; dividend cut to $0.10/share

## Summary
- GAAP EPS $0.15 in Q4 (flat YoY); twelve-month EPS $0.47 vs $2.13 due to prior-year $15.7M litigation settlement.
- AFFO per share improved to $0.27 in Q4 from $0.05; twelve-month AFFO $0.89 vs $0.47.
- Total revenue +4% to $7.55M; commercial occupancy 49.2%, residential 95.8%. $25M Preakness mortgage matured; extension talks ongoing.
- Quarterly dividend slashed to $0.10 from $0.70; annual dividend $0.36 vs $0.85.

## SEC filing metadata
- accession: 0001174947-26-000104
- form_type: 8-K
- ticker: FREVS
- cik: 0000036840
- company_name: FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.
- filed_at: 2026-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36840/000117494726000104/0001174947-26-000104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36840/000117494726000104/form8k-35064_frevs.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-26-000104
- JSON: https://secwatch.observer/filing/0001174947-26-000104.json
- Plain text: https://secwatch.observer/filing/0001174947-26-000104.txt

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