For the year ending 2025-10-31, FREVS made $29,317K in revenue. $3,509K in net income. Net profit margin of 11.97%.
| Income Statement | 2025-10-31 | 2024-10-31 | ||
|---|---|---|---|---|
| Total revenue | 29,317 | 28,678 | ||
| Operating expenses | 9,782 | 10,821 | ||
| Management fees | 1,427 | 1,351 | ||
| Real estate taxes | 5,933 | 5,992 | ||
| Litigation settlement, net of fees | - | 15,673 | ||
| Depreciation | 2,965 | 2,981 | ||
| Net (loss) gain on sale of maryland properties | - | -356 | ||
| Total expenses | 20,107 | 21,145 | ||
| Investment income | 1,351 | 1,560 | ||
| Loss on investment in tenancy-in-common | -135 | -170 | ||
| Interest expense including amortization of deferred financing costs | 7,280 | 7,307 | ||
| Net income (loss) | 3,146 | 16,933 | ||
| Net loss (income) attributable to noncontrolling interests in subsidiaries | -363 | 1,081 | ||
| Net income attributable to common equity | 3,509 | 15,852 | ||
| Basic (in dollars per share) | 0.47 | 2.13 | ||
| Basic (in shares) | 7,469 | 7,455 | ||
| Diluted (in dollars per share) | 0.47 | 2.13 | ||
| Diluted (in shares) | 7,469 | 7,459 | ||
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. (FREVS)
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. (FREVS)