First Real Estate Investment Trust of New Jersey, Inc. (FREVS)
For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
First Real Estate Investment Trust of New Jersey, Inc. (FREVS) with AI Score 46/100 (Weak). First Real Estate Investment Trust of New Jersey, Inc. (FREVS) is a publicly traded REIT focused on residential and commercial properties. Market cap: 0, Sector: Real estate.
Last analyzed: Mar 16, 2026First Real Estate Investment Trust of New Jersey, Inc. (FREVS) Real Estate Portfolio & Strategy
First Real Estate Investment Trust of New Jersey operates as a publicly traded REIT, concentrating on residential and commercial properties primarily in northern New Jersey, New York, and Maryland. With a diversified portfolio and a modest market capitalization, FREVS offers investors exposure to the real estate sector through an over-the-counter traded vehicle.
Investment Thesis
First Real Estate Investment Trust of New Jersey presents a focused investment opportunity within the regional real estate market. With a market capitalization of $0.10 billion and a P/E ratio of 29.47, FREVS offers exposure to a portfolio of residential and commercial properties primarily located in northern New Jersey, New York and Maryland. The company's dividend yield of 2.75% provides a steady income stream for investors. Key value drivers include maintaining high occupancy rates, strategic property management, and potential for rental income growth. Ongoing catalysts involve capitalizing on favorable real estate market conditions in its core regions. Potential risks include fluctuations in interest rates and economic downturns affecting property values and rental demand.
Based on FMP financials and quantitative analysis
Key Highlights
- Market capitalization of $0.10 billion indicates a small-cap REIT with regional focus.
- P/E ratio of 29.47 reflects investor expectations for future earnings growth.
- Profit margin of 12.0% demonstrates the company's ability to generate profits from its operations.
- Gross margin of 31.2% shows the efficiency of the company's property management and rental income.
- Dividend yield of 2.75% provides a consistent income stream for investors.
Competitors & Peers
Strengths
- Established presence in the New Jersey, New York, and Maryland region.
- Diversified portfolio of residential and commercial properties.
- Long-standing history as a publicly traded REIT.
- Consistent dividend yield for investors.
Weaknesses
- Small market capitalization compared to larger REITs.
- Limited geographic diversification.
- Dependence on regional economic conditions.
- Over-the-counter trading may result in lower liquidity.
Catalysts
- Ongoing: Strategic property improvements to increase rental income and property values.
- Ongoing: Efficient property management to reduce operating expenses.
- Upcoming: Potential acquisitions of new properties in existing markets.
- Ongoing: Capitalizing on favorable real estate market conditions in core regions.
- Ongoing: Leveraging technology to streamline operations and improve tenant satisfaction.
Risks
- Potential: Economic downturns affecting property values and rental demand.
- Potential: Rising interest rates increasing borrowing costs.
- Ongoing: Increased competition from other REITs and real estate investors.
- Potential: Changes in government regulations affecting the real estate industry.
- Ongoing: Limited liquidity due to OTC trading.
Growth Opportunities
- Expansion within Existing Markets: FREVS can focus on acquiring and developing additional properties within its existing markets of northern New Jersey, New York, and Maryland. The company's established presence and local expertise provide a competitive advantage in identifying and securing attractive investment opportunities. The regional real estate market is projected to grow at a rate of 3-5% annually, offering FREVS a substantial runway for expansion. Timeline: Ongoing.
- Strategic Property Improvements: FREVS can invest in upgrading and renovating its existing properties to increase rental income and property values. By implementing modern amenities and sustainable features, the company can attract higher-paying tenants and reduce operating expenses. The market for upgraded properties is growing, with tenants willing to pay a premium for enhanced living and working spaces. Timeline: Ongoing.
- Diversification into Niche Real Estate Segments: FREVS can explore opportunities to diversify its portfolio into niche real estate segments, such as senior housing or mixed-use developments. These segments often offer higher yields and lower competition compared to traditional residential and commercial properties. The market for senior housing is projected to grow significantly due to the aging population. Timeline: 2-3 years.
- Leveraging Technology for Property Management: FREVS can adopt advanced property management technologies to streamline operations, reduce costs, and improve tenant satisfaction. These technologies include online rent payment systems, automated maintenance requests, and smart building solutions. The market for property management software is growing rapidly, with companies seeking to improve efficiency and enhance tenant experience. Timeline: 1-2 years.
- Capitalizing on Transit-Oriented Developments: FREVS can focus on acquiring and developing properties near public transportation hubs to capitalize on the growing demand for transit-oriented living and working spaces. These developments offer convenient access to transportation and attract tenants who value connectivity and reduced commuting times. The market for transit-oriented developments is expanding, driven by urbanization and increasing traffic congestion. Timeline: 3-5 years.
Opportunities
- Expansion within existing markets through acquisitions and development.
- Strategic property improvements to increase rental income.
- Diversification into niche real estate segments.
- Leveraging technology for property management.
Threats
- Economic downturns affecting property values and rental demand.
- Rising interest rates increasing borrowing costs.
- Increased competition from other REITs and real estate investors.
- Changes in government regulations affecting the real estate industry.
Competitive Advantages
- Regional Focus: Strong presence and expertise in the New Jersey, New York, and Maryland region.
- Established Portfolio: Diversified portfolio of residential and commercial properties.
- Long-Standing History: Operating as a REIT since 1961.
- Local Market Knowledge: Deep understanding of local market dynamics and tenant preferences.
About FREVS
First Real Estate Investment Trust of New Jersey, Inc. (FREVS) was established in 1961 and operates as a publicly traded real estate investment trust (REIT). The company's core business involves owning, managing, and developing a diverse portfolio of residential and commercial properties. FREVS's properties are strategically located in the New Jersey, New York, and Maryland region, with a significant concentration in northern New Jersey. This regional focus allows the company to maintain a strong presence and expertise in its primary markets. The REIT's portfolio includes a mix of residential apartments and commercial spaces, providing diversification across different real estate segments. FREVS aims to generate income through rental revenue and potential property appreciation. The company's over-the-counter listing (symbol FREVS) provides investors with an opportunity to participate in its real estate ventures.
What They Do
- Owns and manages a portfolio of residential properties.
- Owns and manages a portfolio of commercial properties.
- Operates as a publicly traded REIT.
- Focuses on properties in New Jersey, New York, and Maryland.
- Generates income through rental revenue.
- Manages property development and improvements.
Business Model
- Generates revenue primarily through rental income from residential and commercial properties.
- Manages property expenses, including maintenance, insurance, and property taxes.
- Distributes a portion of its income to shareholders through dividends.
- Acquires and develops new properties to expand its portfolio.
Industry Context
First Real Estate Investment Trust of New Jersey operates within the REIT sector, which has experienced moderate growth driven by increasing demand for both residential and commercial properties. The industry is characterized by diverse players, ranging from large national REITs to smaller regional operators like FREVS. Competitive pressures include attracting and retaining tenants, managing property expenses, and securing financing. Market trends include the growing demand for urban living and the increasing importance of sustainable and energy-efficient buildings. FREVS's regional focus allows it to cater to specific local market needs and potentially outperform larger, more diversified REITs in its core areas.
Key Customers
- Residential tenants seeking apartment rentals.
- Commercial tenants seeking office or retail space.
- Investors seeking income and capital appreciation through REIT ownership.
Financials
Chart & Info
First Real Estate Investment Trust of New Jersey, Inc. (FREVS) stock price: Price data unavailable
Latest News
No recent news available for FREVS.
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FREVS.
Price Targets
Wall Street price target analysis for FREVS.
MoonshotScore
What does this score mean?
The MoonshotScore rates FREVS's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Robert S. Hekemian Jr.
CEO
Robert S. Hekemian Jr. serves as the CEO of First Real Estate Investment Trust of New Jersey, Inc. He has extensive experience in the real estate industry, with a focus on property management, acquisitions, and development. His background includes a strong understanding of the New Jersey, New York, and Maryland real estate markets. He is responsible for overseeing the company's overall strategy and operations, managing a team of 19 employees.
Track Record: Under Robert S. Hekemian Jr.'s leadership, First Real Estate Investment Trust of New Jersey has maintained a consistent dividend yield and a diversified portfolio of residential and commercial properties. He has focused on strategic property improvements and efficient property management to enhance the company's financial performance. His tenure has been marked by a commitment to regional growth and shareholder value.
FREVS OTC Market Information
The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market, indicating that First Real Estate Investment Trust of New Jersey, Inc. may not meet the minimum financial standards or disclosure requirements of higher OTC tiers like OTCQX or OTCQB, or major exchanges like NYSE or NASDAQ. Companies in this tier often have limited trading volume and may not be subject to stringent regulatory oversight. Investing in OTC Other stocks carries higher risks compared to stocks listed on major exchanges due to the lack of transparency and liquidity.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited liquidity due to low trading volume on the OTC market.
- Lack of stringent regulatory oversight and disclosure requirements.
- Potential for price volatility and manipulation.
- Higher risk of fraud or mismanagement compared to exchange-listed companies.
- Difficulty in obtaining reliable financial information.
- Verify the company's financial statements and audit reports.
- Research the background and experience of the company's management team.
- Assess the company's business model and competitive landscape.
- Evaluate the company's legal and regulatory compliance.
- Determine the company's ownership structure and any potential conflicts of interest.
- Monitor the company's news and press releases for any red flags.
- Consult with a qualified financial advisor before investing.
- Operating as a REIT since 1961 indicates a long-standing history.
- Portfolio of residential and commercial properties in established markets.
- Consistent dividend yield for investors.
- Presence of a management team with experience in the real estate industry.
FREVS Real Estate Stock FAQ
What does First Real Estate Investment Trust of New Jersey, Inc. do?
First Real Estate Investment Trust of New Jersey, Inc. (FREVS) operates as a publicly traded real estate investment trust (REIT). The company focuses on owning, managing, and developing a diversified portfolio of residential and commercial properties primarily located in northern New Jersey, with additional properties in New York and Maryland. FREVS generates income through rental revenue and aims to provide investors with a consistent dividend yield and potential capital appreciation. The company's regional focus allows it to cater to specific local market needs and maintain a strong presence in its core areas.
What do analysts say about FREVS stock?
As of 2026-03-16, formal analyst ratings for First Real Estate Investment Trust of New Jersey, Inc. (FREVS) are unavailable due to its OTC listing and limited coverage. Investors should focus on fundamental analysis, including financial metrics such as market capitalization ($0.10B), P/E ratio (29.47), profit margin (12.0%), and dividend yield (2.75%). Key growth considerations include the company's ability to maintain high occupancy rates, manage property expenses, and capitalize on favorable real estate market conditions in its core regions. The OTC listing introduces additional risks related to liquidity and transparency.
What are the main risks for FREVS?
First Real Estate Investment Trust of New Jersey, Inc. (FREVS) faces several risks inherent to the real estate industry and its OTC listing. Economic downturns can negatively impact property values and rental demand, while rising interest rates can increase borrowing costs. Increased competition from other REITs and real estate investors poses a threat to occupancy rates and rental income. Changes in government regulations can also affect the company's operations and profitability. The OTC listing introduces additional risks related to limited liquidity, transparency, and regulatory oversight.
What are the key factors to evaluate for FREVS?
First Real Estate Investment Trust of New Jersey, Inc. (FREVS) currently holds an AI score of 46/100, indicating low score. Key strength: Established presence in the New Jersey, New York, and Maryland region.. Primary risk to monitor: Potential: Economic downturns affecting property values and rental demand.. This is not financial advice.
How frequently does FREVS data refresh on this page?
FREVS prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven FREVS's recent stock price performance?
Recent price movement in First Real Estate Investment Trust of New Jersey, Inc. (FREVS) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Established presence in the New Jersey, New York, and Maryland region.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Should investors consider FREVS overvalued or undervalued right now?
Determining whether First Real Estate Investment Trust of New Jersey, Inc. (FREVS) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.
What research should beginners do before buying FREVS?
Before investing in First Real Estate Investment Trust of New Jersey, Inc. (FREVS), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC data may have limited availability and reliability.
- Analyst coverage may be limited due to OTC listing.