First Real Estate Investment Trust of New Jersey Inc FREVS
$21.30 $0.07 (0.35%) 1D
Last Updated: Aug 20, 12:00 AM·OOTC
Pricing for US stocks is delayed by 24 hours
FREVS Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, First Real Estate Investment Trust of New Jersey Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
First Real Estate Investment Trust of New Jersey Inc. Stock Analysis FREVS
United States Real Estate Micro Cap First Real Estate Investment Trust of New Jersey, Inc. engages in the acquisition, development, construction, and holding of real estate properties for long-term investment and not for resale. The company is headquartered in Hackensack, New Jersey and currently employs 19 full-time employees. The firm owns a portfolio of residential apartment and commercial properties. Its properties are primarily located in northern New Jersey and New York. The firm's segments include commercial properties and residential properties. The commercial properties segment contains five separate properties. Four of these properties are multi-tenanted retail centers and one is single tenanted. Its commercial properties include Glen Rock, Franklin Crossing, Westwood Plaza, Preakness Center, and Rockaway. The residential properties segment operates six multi-family apartment buildings or complexes totaling 792 apartment units, excluding the Pierre Towers property, which is a tenancy-in-common form of ownership (TIC). Its residential properties include Berdan Court, Regency Club, Steuben Arms, Westwood Hills, Boulders, and Station Place.
First Real Estate Investment Trust of New Jersey Inc (FREVS) Chart
Financial Metrics & Statements of First Real Estate Investment Trust of New Jersey Inc (FREVS)
FAQ's for First Real Estate Investment Trust of New Jersey Inc (FREVS)
- As of August 2026, First Real Estate Investment Trust of New Jersey Inc FREVS is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes First Real Estate Investment Trust of New Jersey Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in First Real Estate Investment Trust of New Jersey Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of First Real Estate Investment Trust of New Jersey Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of First Real Estate Investment Trust of New Jersey Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of First Real Estate Investment Trust of New Jersey Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.