FREVS (First Real Estate Investment Trust of New Jersey) Gross Profit: $24.26 Mil (TTM As of Apr. 2026)

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FREVS First Real Estate Investment Trust of New Jersey Inc FREVS
65 GF Score
Price $21.35
GF Value $17.10
Valuation Modestly Overvalued
! 9 Warning Signs
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What is First Real Estate Investment Trust of New Jersey Gross Profit?

First Real Estate Investment Trust of New Jersey FREVS 65 Gross Profit is $24.26 Mil as of Apr. 2026. GuruFocus rates FREVS with a GF Score™ of 65/100 and a GF Value™ of $17.10 (Modestly Overvalued). The stock has 9 warning signs investors should review.

First Real Estate Investment Trust of New Jersey's gross profit for the three months ended in Apr. 2026 was $6.12 Mil. First Real Estate Investment Trust of New Jersey's gross profit for the trailing twelve months (TTM) ended in Apr. 2026 was $24.26 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. First Real Estate Investment Trust of New Jersey's gross profit for the three months ended in Apr. 2026 was $6.12 Mil. First Real Estate Investment Trust of New Jersey's Revenue for the three months ended in Apr. 2026 was $7.63 Mil. Therefore, First Real Estate Investment Trust of New Jersey's Gross Margin % for the quarter that ended in Apr. 2026 was 80.21%.

First Real Estate Investment Trust of New Jersey had a gross margin of 80.21% for the quarter that ended in Apr. 2026 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of First Real Estate Investment Trust of New Jersey was 85.52%. The lowest was 79.11%. And the median was 81.48%.

Warning Sign:

First Real Estate Investment Trust of New Jersey Inc gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


First Real Estate Investment Trust of New Jersey  (OTCPK:FREVS) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

First Real Estate Investment Trust of New Jersey had a gross margin of 80.21% for the quarter that ended in Apr. 2026 => Durable competitive advantage


First Real Estate Investment Trust of New Jersey Gross Profit Related Terms


First Real Estate Investment Trust of New Jersey Gross Profit Historical Data

* Premium members only.

The historical data trend for First Real Estate Investment Trust of New Jersey's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Real Estate Investment Trust of New Jersey Gross Profit Chart

First Real Estate Investment Trust of New Jersey Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.23 25.07 22.45 22.69 23.38

First Real Estate Investment Trust of New Jersey Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.77 5.41 7.06 5.66 6.12

FREVS vs ELME, MRTI, CLPR: Gross Profit Comparison

For the REIT - Residential subindustry, First Real Estate Investment Trust of New Jersey's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Real Estate Investment Trust of New Jersey Gross Profit vs REITs Industry

For the REITs industry and Real Estate sector, First Real Estate Investment Trust of New Jersey's Gross Profit distribution charts can be found below:

* The bar in red indicates where First Real Estate Investment Trust of New Jersey's Gross Profit falls into.


FREVS
65GF Score
First Real Estate Investment Trust of New Jersey Inc FREVS
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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First Real Estate Investment Trust of New Jersey Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

First Real Estate Investment Trust of New Jersey's Gross Profit for the fiscal year that ended in Oct. 2025 is calculated as

Gross Profit (A: Oct. 2025 )=Revenue - Cost of Goods Sold
=29.317 - 5.933
=23.38

First Real Estate Investment Trust of New Jersey's Gross Profit for the quarter that ended in Apr. 2026 is calculated as

Gross Profit (Q: Apr. 2026 )=Revenue - Cost of Goods Sold
=7.634 - 1.511
=6.12

Gross Profit for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $24.26 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

First Real Estate Investment Trust of New Jersey's Gross Margin % for the quarter that ended in Apr. 2026 is calculated as

Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=6.12 / 7.634
=80.21 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $24.26 Mil mean?
First Real Estate Investment Trust of New Jersey (FREVS) has a Gross Profit of $24.26 Mil as of Apr. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on First Real Estate Investment Trust of New Jersey and its competitors.
Is First Real Estate Investment Trust of New Jersey's Gross Profit too high?
First Real Estate Investment Trust of New Jersey's current Gross Profit is $24.26 Mil. Overall, First Real Estate Investment Trust of New Jersey has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Real Estate Investment Trust of New Jersey's Gross Profit compare to ELME and MRTI?
First Real Estate Investment Trust of New Jersey's Gross Profit of $24.26 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a REITs company?
A good Gross Profit depends on the REITs industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on First Real Estate Investment Trust of New Jersey and its competitors. First Real Estate Investment Trust of New Jersey's current Gross Profit is $24.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Real Estate Investment Trust of New Jersey stock overvalued right now?
Based on GuruFocus' analysis, First Real Estate Investment Trust of New Jersey (FREVS) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.10, compared to a current price of $21.35 — trading 24.9% above its estimated fair value. The current Gross Profit is $24.26 Mil. First Real Estate Investment Trust of New Jersey's overall GF Score™ is 65/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For First Real Estate Investment Trust of New Jersey (FREVS), the current Gross Profit is $24.26 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Real Estate Investment Trust of New Jersey (FREVS) Overvalued in 2026?

Based on GuruFocus' analysis, First Real Estate Investment Trust of New Jersey stock appears to be overvalued. The current stock price of $21.35 is trading 24.9% above its estimated GF Value™ of $17.10. GuruFocus considers First Real Estate Investment Trust of New Jersey to be Modestly Overvalued.

Key valuation signals for FREVS:

  • Gross Profit: $24.26 Mil
  • GF Value™: $17.10 vs. price of $21.35 (24.9% above fair value)
  • GF Score™: 65/100 with 9 warning signs

No single metric tells the full story. See the FREVS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Real Estate Investment Trust of New Jersey Business Description

Industry Real EstateREITs
Address 505 Main Street, Suite 400, Hackensack, NJ, USA, 07601
First Real Estate Investment Trust of New Jersey Inc operates in the real estate sector of the United States. It implies the investment in real estate properties and passing on a regular income and benefit of capital appreciation to its shareholders. The company operates in two reportable segments; commercial properties and residential properties. Its revenues consist of fixed rental income from its residential and commercial properties and additional rent in the form of expense reimbursements acquired from its income-producing commercial properties. The majority of revenue is derived from the Residential properties segment.
65GF Score

Get the complete analysis for FREVS

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.35
Price
$17.10
GF Value