First Real Estate Investment Trust of New Jersey
505 Main Street
PO Box 667
Hackensack,
NJ 07602
United States - Map
Phone: 201-488-6400
| First Real Estate Investment Trust of New Jersey, an equity real estate investment trust, engages in the acquisition, development, construction, and holding of real estate properties primarily in New Jersey, Maryland, and New York. The companys property portfolio comprises residential apartment communities and commercial properties, which consist of multi and single tenanted properties. As of October 31, 2008, its real estate holdings included 9 apartment buildings or complexes containing 1,075 rentable units; 10 retail and office properties covering approximately 1,265,000 square feet of leasable space comprising 1 tenant store and 2 separate 1 acre parcels subject to ground leases; and 4 parcels of undeveloped land covering approximately 40.37 acres. First Real Estate Investment Trust has elected to be taxed as a REIT. As a REIT, the company is not subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1961 and is based in Hackensack, New Jersey. |
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| Key Statistics |
| |
| | Pay | Exercised | Mr. Robert S. Hekemian , 77
Chairman, Chief Exec. Officer, Chairman of Exec. Committee and Member of Nominating Committee |
$
248.00K |
$
0 | Mr. Donald W. Barney , 68
Pres, Chief Financial Officer, Principal Accounting Officer, Treasurer, Trustee, Member of Nominating Committee and Member of Exec. Committee |
$
74.00K |
$
1.26M | Mr. John A. Aiello Esq., 59
Sec. |
$
30.00K |
$
0 |
|
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Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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0.14% Nasdaq 
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