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:   2026-03-17T23:59:59+00:00
Accession:  0001174947-26-000380
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FREIT Q1 2026 EPS $0.13 vs $0.08; AFFO $0.20; dividend raised to $0.10
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- GAAP EPS $0.13, up $0.05 YoY; AFFO per share $0.20 vs $0.16.
- Total revenue $7.5M, up 3.2% driven by residential rent increases.
- Residential occupancy 95.5% (down from 96.8%); commercial occupancy 47.5% (down from 48.2%).
- Dividend raised to $0.10/share for Q1, payable March 13, 2026.
- $25M Preakness mortgage extended to May 1, 2026 while refinancing discussions continue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/36840/000117494726000380/0001174947-26-000380-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/36840/000117494726000380/form8k-35400_frevs.htm
  HTML page:      https://secwatch.observer/filing/0001174947-26-000380

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