---
schema_version: "secwatch.filing_event.v1"
accession: "0002077096-26-000217"
form_type: "8-K"
ticker: "FREVS"
cik: "0000036840"
company_name: "FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC."
filed_at: "2026-07-09T20:16:46+00:00"
generated_at: "2026-07-09T20:18:16.486071+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FREIT closes sale of Franklin Crossing shopping center for $27M, net gain of $19.5M

## Summary
- Sale of Franklin Crossing shopping center closed July 8, 2026 for $27,000,000.
- Net proceeds to FREIT of approximately $25,400,000.
- Net gain of approximately $19,500,000 recognized.
- Buyer: an affiliate of Regency Centers Corporation.
- Transaction reflects FREIT's strategy to maximize asset value and create stockholder value.

## SEC filing metadata
- accession: 0002077096-26-000217
- form_type: 8-K
- ticker: FREVS
- cik: 0000036840
- company_name: FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.
- filed_at: 2026-07-09T20:16:46+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36840/000207709626000217/0002077096-26-000217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36840/000207709626000217/ea0297554-8k_firstreal.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002077096-26-000217
- JSON: https://secwatch.observer/filing/0002077096-26-000217.json
- Plain text: https://secwatch.observer/filing/0002077096-26-000217.txt

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