First Real Estate Investment Trust of New Jersey

Real Estate • Hackensack, New Jersey, United States • 1-10 Employees

Company overview

Headquarters	505 MAIN ST, Hackensack, New Jersey 07602-0667, us
Phone number	+12014886400
Website	freitnj.com
NAICS	522292
SIC	679
Founded	1961
Employees	1-10
Socials

Key Contact at First Real Estate Investment Trust of New Jersey

Robert Hekemian

Chief Executive Officer

About First Real Estate Investment Trust of New Jersey

First Real Estate Investment Trust of New Jersey is an equity real estate investment trust (REIT). The Company acquires, develops, constructs and holds real estate properties for long-term investment and not for resale. The Company operates in two segments: Commercial Properties and Residential Properties. The Company owns a portfolio of residential apartment and commercial properties. The Company's properties are located in New Jersey, Maryland and New York. It funds acquisition opportunities and the development of its real estate properties through debt financing, including mortgage loans against certain of its properties. As of October 31, 2016, its real estate holdings included eight apartment buildings or complexes containing a total of 1, 472 rentable units, and nine commercial properties (retail and office) containing approximately 1, 338, 000 square feet of leasable space. Its commercial and residential properties include Franklin Crossing, Westwood Plaza and Hammel Gardens.

First Real Estate Investment Trust of New Jersey revenue & valuation

Annual revenue	$29,000,000
Revenue per employee	$7,233,000
Estimated valuation?This valuation is estimated based on industry average for the Real Estate industry and current estimated revenues	$92,600,000
Total funding	No funding

Employees by Management Level

Total employees: 1-10

Seniority

Employees

C-Suite

Employees by Department

First Real Estate Investment Trust of New Jersey has 1 employees across 1 departments.

Departments

Number of employees

Funding Data

First Real Estate Investment Trust of New Jersey has never raised funding before.

Frequently asked questions

First Real Estate Investment Trust of New Jersey is located in Hackensack, New Jersey, US.

You can reach First Real Estate Investment Trust of New Jersey at +12014886400.

First Real Estate Investment Trust of New Jersey was founded in 1961, making it 65 years old. The company has established itself as a significant player in its industry over this time.

First Real Estate Investment Trust of New Jersey has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

Key Contact at First Real Estate Investment Trust of New Jersey

Robert Hekemian

Chief Executive Officer

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