Company First Real Estate Investment Trust of New Jersey, Inc.

Equities

FREVS

US3361421049

Diversified REITs

Delayed OTC Markets 20:54:53 29/04/2024 BST 5-day change 1st Jan Change
16.48 USD +2.60% Intraday chart for First Real Estate Investment Trust of New Jersey, Inc. +3.00% -4.19%

Business Summary

First Real Estate Investment Trust of New Jersey, Inc. is an equity real estate investment trust (REIT). The Company is engaged in acquiring, developing, constructing and holding real estate properties for long-term investment and not for resale. The Company operates through two segments: commercial properties and residential properties. Its funds acquisition opportunities and the development of its real estate properties largely through debt financing, including mortgage loans collateralized by certain of its properties. Its properties are primarily located in northern New Jersey and New York. Its subsidiaries include Westwood Hills, LLC, Damascus Centre, LLC, Wayne PSC, LLC, Grande Rotunda, LLC, WestFREIT, Corp., Station Place on Monmouth, LLC., FREIT Regency, LLC and Berdan Court, LLC.

Number of employees: 22

Sales per Business

USD in Million2022Weight2023Weight Delta
Residential
69.1 %
21 66.0 % 20 69.1 % -4.71%
Commercial
30.9 %
11 34.0 % 9 30.9 % -17.29%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
31 100.0 % 28 100.0 % -8.99%

Managers

Managers TitleAgeSince
Chief Executive Officer 64 31/12/06
Director of Finance/CFO 85 06/02/19
Director/Board Member 74 31/07/02
Investor Relations Contact - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 74 31/07/02
Director/Board Member 76 31/12/06
Chief Executive Officer 64 31/12/06
Chairman 75 31/12/91
Director/Board Member 63 31/03/18
Director/Board Member 45 03/02/16
Director/Board Member 57 31/03/18

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 7,449,583 5,891,393 ( 79.08 %) 0 79.08 %

Shareholders

NameEquities%Valuation
540,837 7.260 % 9 M $
506,907 6.805 % 8 M $
367,108 4.928 % 6 M $
80,318 1.078 % 1 M $
Justin Meng
0.9460 %
70,470 0.9460 % 1 M $
49,200 0.6604 % 822 132 $
John Aiello
0.3560 %
26,520 0.3560 % 443 149 $
Allan Tubin
0.1834 %
13,662 0.1834 % 228 292 $
Capital Asset Management Co., Ltd.
0.1206 %
8,985 0.1206 % 150 139 $

Company contact information

First Real Estate Investment Trust of New Jersey, Inc.

505 Main Street Suite 400

07601-5900, Hackensack

+

http://freitnj.com
address First Real Estate Investment Trust of New Jersey, Inc.(FREVS)
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