Since 1961, First Real Estate Investment Trust of New Jersey (FREIT) has been an equity real estate investment trust that takes pride in its investment portfolio. Whether apartment communities, shopping centers and commercial buildings, or mixed-use developments, every project we invest in is for the long-term. This is our focus.

We conduct our operations in compliance with the requirements for qualifying as a real estate investment trust pursuant to the Federal Internal Revenue Code. As a result, we receive favorable tax treatment as provided under the tax code. FREIT has recorded a profit and has paid dividends to its shareholders during each year since its founding.

Our impressive record of performance over the last four decades is a tribute to the outstanding efforts made by Hekemian & Co.,Inc., a real estate management and brokerage company that has managed FREIT's assets since its inception.

ROBERT S. HEKEMIAN

Robert S. Hekemian has been active in the real estate industry for more than 53 years. Mr. Hekemian has been Chairman of the Board and Chief Executive Officer of First Real Estate Investment Trust of New Jersey (FREIT) since 1991 and a Member of the Board of Trustees since 1980. As Chairman/CEO, Mr. Hekemian oversees the general, day-to-day management of FREIT. Previously, Mr. Hekemian served as President of FREIT from 1981 to 1991 and as Chief Financial Officer from June 24, 2002 through January 15, 2003. He has an extensive background in real estate investment and development.

Since 1983, Mr. Hekemian has been Chairman of the Board and Chief Executive Officer of Hekemian & Co., Inc., a real estate brokerage and management company which manages FREIT’s portfolio of properties. He is responsible for corporate strategy, policy decision-making and overseeing all company operations and activities including financial planning.

Mr. Hekemian serves on the Board of Directors of Pascack Community Bank, the Board of Governors for Hackensack University Medical Center and as a director, partner and officer in numerous private real estate corporations and partnerships. Mr. Hekemian was formerly a member of the Board of Directors of Summit Bank until its merger with Fleet Bank. Mr. Hekemian is involved in various civic and community organizations as well as philanthropic endeavors and was recognized by the Bergen Community College Foundation as its Honoree at its Medallion Awards Dinner in November, 2008 for his continuing contributions to the community.


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Corporate Headquarters:
505 Main Street
Hackensack, NJ 07601
T: 201-488-6400
F: 201-487-1798


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FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY
First Real Estate Investment Trust of New Jersey • 505 Main Street, Hackensack, NJ 07601 • 201.488.6400
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