First Real Estate Investment Trust of New Jersey Inc
First Real Estate Investment Trust of New Jersey, Inc. is a publicly traded (over-the-counter " symbol FREVS) REIT organized in 1961. Its portfolio of residential and commercial properties are located in New Jersey and New York, with the largest concentration in northern New Jersey.
First Real Estate Investment Trust of New Jersey Inc (FREVS) - Total Assets
Latest total assets as of October 2025: $149.87 Million USD
Based on the latest financial reports, First Real Estate Investment Trust of New Jersey Inc (FREVS) holds total assets worth $149.87 Million USD as of October 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
First Real Estate Investment Trust of New Jersey Inc - Total Assets Trend (1999–2025)
This chart illustrates how First Real Estate Investment Trust of New Jersey Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First Real Estate Investment Trust of New Jersey Inc - Asset Composition Analysis
Current Asset Composition (October 2025)
First Real Estate Investment Trust of New Jersey Inc's total assets of $149.87 Million consist of 25.1% current assets and 74.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.0% |
| Accounts Receivable | $673.00K | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1999–2025)
This chart illustrates how First Real Estate Investment Trust of New Jersey Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First Real Estate Investment Trust of New Jersey Inc's current assets represent 25.1% of total assets in 2025, an increase from 17.1% in 1999.
- Cash Position: Cash and equivalents constituted 12.0% of total assets in 2025, up from 0.0% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1999.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
First Real Estate Investment Trust of New Jersey Inc Competitors by Total Assets
Key competitors of First Real Estate Investment Trust of New Jersey Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Igis Residence Reit Co Ltd
KO:350520
|
Korea | ₩415.50 Billion |
|
Kwang Hee Self-Administered Real Estate
KO:140910
|
Korea | ₩81.58 Billion |
|
Xior Student Housing BVBA
F:5XR
|
Germany | €3.70 Billion |
|
Adra Gayrimenkul Yatirim Ortakligi Anonim Sirketi
IS:ADGYO
|
Turkey | TL6.44 Billion |
|
Apartment Investment and Management Co
NYSE:AIV
|
USA | $1.68 Billion |
|
Alliance Developpement Capital SIIC SE
PA:ALDV
|
France | €69.19 Million |
|
American Homes 4 Rent
NYSE:AMH
|
USA | $13.25 Billion |
|
BSR Real Estate Investment Trust
PINK:BSRTF
|
USA | $1.42 Billion |
First Real Estate Investment Trust of New Jersey Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - First Real Estate Investment Trust of New Jersey Inc generates 0.20x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, First Real Estate Investment Trust of New Jersey Inc generates $ 2.34 in net profit.
First Real Estate Investment Trust of New Jersey Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 44.61 | 6.78 | 4.46 |
| Quick Ratio | 44.61 | 6.78 | 2.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $36.76 Million | $ 39.35 Million | $ 44.12 Million |
First Real Estate Investment Trust of New Jersey Inc - Advanced Valuation Insights
This section examines the relationship between First Real Estate Investment Trust of New Jersey Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.97 |
| Latest Market Cap to Assets Ratio | 0.67 |
| Asset Growth Rate (YoY) | -7.6% |
| Total Assets | $149.87 Million |
| Market Capitalization | $100.68 Million USD |
Valuation Analysis
Below Book Valuation: The market values First Real Estate Investment Trust of New Jersey Inc's assets below their book value (0.67 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: First Real Estate Investment Trust of New Jersey Inc's assets decreased by 7.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for First Real Estate Investment Trust of New Jersey Inc (1999–2025)
The table below shows the annual total assets of First Real Estate Investment Trust of New Jersey Inc from 1999 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-10-31 | $149.87 Million | -7.64% |
| 2024-10-31 | $162.26 Million | +1.98% |
| 2023-10-31 | $159.12 Million | -10.93% |
| 2022-10-31 | $178.65 Million | -48.38% |
| 2021-10-31 | $346.11 Million | -2.56% |
| 2020-10-31 | $355.21 Million | -9.06% |
| 2019-10-31 | $390.62 Million | -0.37% |
| 2018-10-31 | $392.07 Million | +5.13% |
| 2017-10-31 | $372.96 Million | +1.35% |
| 2016-10-31 | $367.97 Million | +4.50% |
| 2015-10-31 | $352.12 Million | +15.33% |
| 2014-10-31 | $305.32 Million | +25.00% |
| 2013-10-31 | $244.25 Million | +0.81% |
| 2012-10-31 | $242.30 Million | -0.38% |
| 2011-10-31 | $243.22 Million | -0.78% |
| 2010-10-31 | $245.13 Million | -2.67% |
| 2009-10-31 | $251.85 Million | +4.18% |
| 2008-10-31 | $241.76 Million | -0.41% |
| 2007-10-31 | $242.75 Million | +3.39% |
| 2006-10-31 | $234.79 Million | +9.20% |
| 2005-10-31 | $215.00 Million | +12.82% |
| 2004-10-31 | $190.57 Million | +77.86% |
| 2003-10-31 | $107.15 Million | +11.58% |
| 2002-10-31 | $96.03 Million | -0.48% |
| 2001-10-31 | $96.50 Million | -0.30% |
| 2000-10-31 | $96.78 Million | +14.63% |
| 1999-10-31 | $84.43 Million | -- |