First Real Estate Investment Trust of NJ (OTCMKTS:FREVS) insider Herbert C. Klein sold 4,616 shares of First Real Estate Investment Trust of NJ stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $15.37, for a total value of $70,947.92. Following the sale, the insider now owns 135,243 shares in the company, valued at $2,078,684.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of First Real Estate Investment Trust of NJ (OTCMKTS:FREVS) opened at 15.00 on Friday. The firm has a 50-day moving average price of $16.78 and a 200 day moving average price of $18.21. First Real Estate Investment Trust of NJ has a 12-month low of $13.50 and a 12-month high of $24.00. The company has a market capitalization of $101.10 million and a P/E ratio of 7.85.

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About First Real Estate Investment Trust of NJ

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.

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