First Real Estate Investment Trust of NJ - FREVS- Profile

First Real Estate Investment Trust Of NJ. The Group's principal activity is to acquire, develop and own residential and commercial income producing properties. The developed properties include residential apartment communities and retail properties that consist of multi and single tenanted properties. The properties are located in New Jersey, Maryland and New York. It also currently owns approximately 40.37 acres of unimproved land in New Jersey. The Group has elected to be taxed as a Real Estate Investment Trust under the provisions of Sections 856-860 of the internal Revenue Code. Acquires, develops and owns residential and commercial income producing properties located in New Jersey, Maryland and New York