---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-26-000659"
form_type: "8-K"
ticker: "FREVS"
cik: "0000036840"
company_name: "FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC."
filed_at: "2026-06-12T14:04:02+00:00"
generated_at: "2026-06-12T14:05:13.100537+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# FREIT adopts plan of voluntary liquidation; estimates distributions $24.44-$30.03/share

## Summary
- GAAP EPS $0.08 for Q2 (down from $0.12 YoY); AFFO per share $0.16 (down from $0.23).
- Total real estate revenue $7.6M (+5.2% YoY); residential occupancy 95.7% (down from 97.1%).
- Board approved liquidation plan on May 12, 2026; seeks stockholder approval fall 2026.
- Estimated distribution $24.44-$30.03/share, representing premium to $15.25 stock price on May 13.
- Sold Franklin Crossing for $27M (close Q3 2026); Westwood Plaza for $28.8M (close early 2027).

## SEC filing metadata
- accession: 0001174947-26-000659
- form_type: 8-K
- ticker: FREVS
- cik: 0000036840
- company_name: FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.
- filed_at: 2026-06-12T14:04:02+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36840/000117494726000659/0001174947-26-000659-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36840/000117494726000659/form8k-35994_frevs.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-26-000659
- JSON: https://secwatch.observer/filing/0001174947-26-000659.json
- Plain text: https://secwatch.observer/filing/0001174947-26-000659.txt

## Key facts
- Earnings Releases
  FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. reported the six months ended April 30, 2026 results: revenue approximately $15.1 million, net income approximately $1.6 million, EPS $0.21 per share (basic and diluted).
  - Period: the six months ended April 30, 2026
  - Revenue: approximately $15.1 million
  - Net income: approximately $1.6 million
  - EPS: $0.21 per share (basic and diluted)
  - Result: reported results
  source text: Total real estate revenue increased 4.2% to approximately $15.1 million for the six months ended April 30, 2026, compared to approximately $14.5 million for the prior-year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/36840/000117494726000659/0001174947-26-000659-index.htm
- Earnings Releases
  FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. reported the fiscal quarter ended April 30, 2026 results: revenue approximately $7.6 million, net income approximately $0.6 million, EPS $0.08 per share (basic and diluted).
  - Period: the fiscal quarter ended April 30, 2026
  - Revenue: approximately $7.6 million
  - Net income: approximately $0.6 million
  - EPS: $0.08 per share (basic and diluted)
  - Result: reported results
  source text: Total real estate revenue increased 5.2% to approximately $7.6 million for the fiscal quarter ended April 30, 2026, compared to approximately $7.3 million for the prior-year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/36840/000117494726000659/0001174947-26-000659-index.htm

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