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FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. (FREVS)

For the quarter ending 2025-07-31, FREVS made $7,244K in revenue. $879K in net income. Net profit margin of 12.13%.

Overview

Revenue
$7,244K
Net Income
$879K
Net Profit Margin
12.13%
EPS
$0.12
Unit: Thousand (K) dollars
Revenue Breakdown
    • Rental income
    • Reimbursements
    • Sundry income

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-07-31
2024-07-31
Total revenue7,244 7,147
Real estate taxes1,478 1,500
Operating expenses2,390 2,405
Management fees358 344
Depreciation738 735
Total expenses4,964 4,984
Investment income303 396
Interest expense including amortization of deferred financing costs1,808 1,839
Loss on investment in tenancy-in-common-36 -96
Gain (loss) from litigation settlement- 15,711
Net income739 16,335
Net loss (income) attributable to noncontrolling interests in subsidiaries-140 1,544
Net income attributable to common equity879 14,791
Basic (in dollars per share)0.12 1.98
Basic (in shares)7,471 7,458
Diluted (in dollars per share)0.12 1.98
Diluted (in shares)7,471 7,462
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Reimbursements$397K (-1.98%↓ Y/Y)Rental income$6,758K (2.89%↑ Y/Y)Sundry income$89K (-48.85%↓ Y/Y)Investment income$303K (-23.48%↓ Y/Y)Total revenue$7,244K (1.36%↑ Y/Y)Net loss (income)attributable to...-$140K (-109.07%↓ Y/Y)Net income$739K (-95.48%↓ Y/Y)Loss on investment intenancy-in-common-$36K (62.50%↑ Y/Y)Interest expenseincluding amortization of...$1,808K (-1.69%↓ Y/Y)Total expenses$4,964K (-0.40%↓ Y/Y)Net incomeattributable to common equity$879K (-94.06%↓ Y/Y)Depreciation$738K (0.41%↑ Y/Y)Management fees$358K (4.07%↑ Y/Y)Operating expenses$2,390K (-0.62%↓ Y/Y)Real estate taxes$1,478K (-1.47%↓ Y/Y)