FREVS (First Real Estate Investment Trust of New Jersey) Pre-Tax Income: $3.10 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 Pre-Tax Income?

First Real Estate Investment Trust of New Jersey FREVS 65 Pre-Tax Income is $3.10 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.

Pretax income is the income that a company earns before paying income taxes. First Real Estate Investment Trust of New Jersey's pretax income for the three months ended in Apr. 2026 was $0.43 Mil. Its pretax income for the trailing twelve months (TTM) ended in Apr. 2026 was $3.10 Mil. First Real Estate Investment Trust of New Jersey's pretax margin was 5.69%.

During the past 13 years, First Real Estate Investment Trust of New Jersey's highest Pretax Margin was 221.43%. The lowest was -2.03%. And the median was 8.72%.


First Real Estate Investment Trust of New Jersey  (OTCPK:FREVS) Pre-Tax Income Explanation

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

Pretax Margin=Pretax Income/Revenue
=0.434/7.634
=5.69%

During the past 13 years, First Real Estate Investment Trust of New Jersey's highest Pretax Margin was 221.43%. The lowest was -2.03%. And the median was 8.72%.

* 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 Pre-Tax Income Related Terms


First Real Estate Investment Trust of New Jersey Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for First Real Estate Investment Trust of New Jersey's Pre-Tax Income 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 Pre-Tax Income Chart

First Real Estate Investment Trust of New Jersey Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 69.24 -0.58 16.93 3.15

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
Pre-Tax Income 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 0.78 0.74 1.13 0.80 0.43

FREVS vs ELME, MRTI, CLPR: Pre-Tax Income Comparison

For the REIT - Residential subindustry, First Real Estate Investment Trust of New Jersey's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs REITs Industry

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

* The bar in red indicates where First Real Estate Investment Trust of New Jersey's Pre-Tax Income falls into.


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

This is the income that a company earns before paying income taxes.

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

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=9.21+1.216+-6.821+0+-0.459
=3.15

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

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=2.037+0.197+-1.707+0+-0.093
=0.43

Pre-Tax Income 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 $3.10 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $3.10 Mil mean?
First Real Estate Investment Trust of New Jersey (FREVS) has a Pre-Tax Income of $3.10 Mil as of Apr. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. 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 Pre-Tax Income too high?
First Real Estate Investment Trust of New Jersey's current Pre-Tax Income is $3.10 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 Pre-Tax Income compare to ELME and MRTI?
First Real Estate Investment Trust of New Jersey's Pre-Tax Income of $3.10 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 Pre-Tax Income for a REITs company?
A good Pre-Tax Income depends on the REITs industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. 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 Pre-Tax Income is $3.10 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 Pre-Tax Income is $3.10 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 Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For First Real Estate Investment Trust of New Jersey (FREVS), the current Pre-Tax Income is $3.10 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:

  • Pre-Tax Income: $3.10 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

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

$21.35
Price
$17.10
GF Value