First Real Estate Investment Trust Of New Jersey (FREVS) Operating Expenses (2011 - 2026)
First Real Estate Investment Trust Of New Jersey (FREVS) posted Operating Expenses of $5.6 million for Q2 2026, up 9.23% sequentially from $5.1 million in Q1 2026, and up 12.16% YoY from $5.0 million in Q2 2025.
First Real Estate Investment Trust Of New Jersey (FREVS) Operating Expenses (2011 - 2026) Analysis & Trends
First Real Estate Investment Trust Of New Jersey has reported Operating Expenses for 16 years, with the latest figure at $5.6 million in Q2 2026.
- Quarterly Operating Expenses rose 12.16% year-over-year to $5.6 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $20.5 million (up 2.39% YoY) and the FY2025 annual result came in at $20.1 million, down 4.91% from the prior year.
- Operating Expenses grew to $5.6 million in Q2 2026 per FREVS's latest filing, from $5.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $8.5 million in Q1 2022 and troughed at $4.8 million in Q4 2024.
- A 5-year average of $5.4 million and a median of $5.1 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses plunged 49.96% in 2022, then rose 22.41% in 2024.
- Over 5 years, Operating Expenses stood at $6.0 million in 2022, then dropped by 15.16% to $5.1 million in 2023, then retreated by 5.87% to $4.8 million in 2024, then gained by 1.53% to $4.8 million in 2025, then grew by 15.43% to $5.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $5.6 million, $5.1 million, and $4.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 636.04 Mn |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | 566.18 Mn |
| 3 | Invitation Homes | 17.81 Bn | 17.81 Bn | 705.34 Mn | 657.51 Mn |
| 4 | Mid America Apartment Communities | 15.25 Bn | 15.12 Bn | 537.17 Mn | 218.72 Mn |
| 5 | Sun Communities | 14.88 Bn | 14.88 Bn | 460.10 Mn | 434.40 Mn |
| 6 | Equity Lifestyle Properties | 12.64 Bn | 12.64 Bn | 375.97 Mn | 298.46 Mn |
| 7 | American Homes 4 Rent | 12.38 Bn | 12.38 Bn | - | 397.77 Mn |
| 8 | Udr | 12.15 Bn | 12.15 Bn | 412.43 Mn | 345.25 Mn |
| 9 | Camden Property Trust | 10.98 Bn | 10.98 Bn | - | 140.94 Mn |
| 10 | First Real Estate Investment Trust Of New Jersey | 159.53 Mn | 150.31 Mn | - | 5.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 5.60 Mn |
| Jan 31, 2026 | 5.12 Mn |
| Oct 31, 2025 | 4.85 Mn |
| Jul 31, 2025 | 4.96 Mn |
| Apr 30, 2025 | 4.99 Mn |
| Jan 31, 2025 | 5.30 Mn |
| Oct 31, 2024 | 4.78 Mn |
| Jul 31, 2024 | 4.98 Mn |
| Apr 30, 2024 | 5.34 Mn |
| Jan 31, 2024 | 6.04 Mn |
| Oct 31, 2023 | 5.07 Mn |
| Jul 31, 2023 | 5.79 Mn |
| Apr 30, 2023 | 5.15 Mn |
| Jan 31, 2023 | 4.94 Mn |
| Oct 31, 2022 | 5.98 Mn |
| Jul 31, 2022 | 4.96 Mn |
| Apr 30, 2022 | 4.86 Mn |
| Jan 31, 2022 | 8.47 Mn |
| Oct 31, 2021 | 9.12 Mn |
| Jul 31, 2021 | 9.11 Mn |