# FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. (FREVS) — liquidation/plan_of_liquidation [pending]
Source: SEC API (secapi.ai) · situation sit_93ddc1680f8164fd6122 · retrieved 2026-08-11T16:13:59.204Z

## Overview
First Real Estate Investment Trust of New Jersey, Inc. is a Maryland corporation that acquires, develops, constructs and holds real estate investment properties for investment, currently owning residential apartment complexes, retail shopping centers, and vacant land parcels in New Jersey and New York.

First Real Estate Investment Trust of New Jersey, Inc., a Maryland corporation organized in 1961 as a New Jersey real estate investment trust, is seeking stockholder approval of a Plan of Voluntary Liquidation at a special meeting scheduled for September 29, 2026. If approved, the Trust will wind down its operations, sell all remaining assets (including residential and commercial properties in New Jersey and New York, and vacant land), and distribute estimated liquidating proceeds to stockholders in the range of $24.44 to $30.03 per share after accounting for transaction expenses, liabilities, and taxes. The Board unanimously approved the Plan of Liquidation on May 12, 2026, and determined that an orderly liquidation is more likely to maximize stockholder value than continuing as a stand-alone entity or pursuing other strategic alternatives.

## Terms
- Consideration: cash

## Key dates
- Announced 2026-08-04 · Record 2026-07-31 · Vote 2026-09-29

## Timeline
- 2026-08-04 · DEFM14A (0002077096-26-000233): DEFM14A - FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. — *First Real Estate Investment Trust of New Jersey, Inc. is a Maryland corporation that acquires, develops, constructs and holds real estate investment properties for investment, currently owning residential apartment complexes, retail shopping centers, and vacant land parcels in New Jersey and New York.* First Real Estate Investment Trust of New Jersey, Inc., a Maryland corporation organized in 1961 as a New Jersey real estate investment trust, is seeking stockholder approval of a Plan of Voluntary Liquidation at a special meeting scheduled for September 29, 2026. If approved, the Trust will wind down its operations, sell all remaining assets (including residential and commercial properties in New Jersey and New York, and vacant land), and distribute estimated liquidating proceeds to stockholders in the range of $24.44 to $30.03 per share after accounting for transaction expenses, liabilities, and taxes. The Board unanimously approved the Plan of Liquidation on May 12, 2026, and determined that an orderly liquidation is more likely to maximize stockholder value than continuing as a stand-alone entity or pursuing other strategic alternatives.
  https://www.sec.gov/Archives/edgar/data/36840/0002077096-26-000233.txt

## Citations
- 0002077096-26-000233 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000207709626000233