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

Company Overview

First Real Estate Investment Trust of New Jersey, Inc. (First REIT of New Jersey), traded under the ticker FREVS, is a self-managed, self-administered real estate investment trust primarily focused on the ownership, management, and redevelopment of retail-oriented commercial properties. The company operates within the retail real estate industry, with a strategic emphasis on necessity-based shopping centers anchored by grocery stores, pharmacies, and other daily-needs tenants.

The trust generates the majority of its revenue from long-term leasing of retail space to national, regional, and local tenants. Its positioning centers on owning well-located community shopping centers in established suburban markets, particularly within New Jersey. First REIT of New Jersey was founded in 1961 and is among the oldest publicly traded REITs in the United States, evolving from a diversified real estate owner into a more focused retail shopping center operator over several decades.