On this page of Benford's Law Stocks.com we present our study of FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY INC. — ticker symbol FREVS. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 6/14/2021 to 3/17/2026 for FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY INC. under CIK number 0000036840. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for FREVS, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY INC. based on the past FREVS filings our system processed in the past.
31.5
14.1
10.9
7.9
8.6
5.3
10.6
5.3
5.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, FREVS stockholder letter ]
Total numbers found: 432
Recent share count: NA

= Typical range across full coverage universe
Benford's Law Stocks Indicator
432
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 4 numbers to move any given column by a full percentage point.
55

Starting from a possible score of 100, we made the following score deductions:
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the typical coverage universe range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
FREVS
Low score compared to other filers, falling in the bottom quartile.
Check our work! We provide our FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY INC. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the FREVS filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 136 numbers that start with the digit 1. Here they are:
18,503
17,926
17,292
18,174
16,921
16,922
180
148,997
149,874
120,837
121,300
120,411
120,784
1,145
1,132
123,629
124,171
1,556
1,360
181
148,997
149,874
100
112
1,498
1,448
1
1,861
1,873
141
113
13
11
1
12
1
1
13
141
113
1,360
141
1,556
181
113
13
13
13
148
1
138
13
122
1,346
1,519
11,356
11,511
12,376
13,543
12
130
1,851
122
1,692
19,223
16,347
1,649
1,751
18,503
11,900
16,347
10
17,292
18,174
138
13
180
100
100
16.9
1
107
122
124
152
16,921
16,922
1,248
1,237
19
14
1
130,000
165,000
165,000
11,000
11,000
15,000
15,000
13,712
13,754
10,966
11,030
120,837
121,300
120,411
120,784
13.9
16.6
166,727
112,556
10
107,978
1,295,739
13
13
117.8
118.4
120.4
120.8
1,958
1,934
1,349
1,367
1
1,861
1,873
141
113
100
16.76
1,193
1,193
12.62
1,584
1,584
We found 61 numbers that start with the digit 2. Here they are:
2
257
258
243
201
255
238
210
20,000,000
211
25,368
25,703
2,560
2,765
284
211
25,703
25,368
26,184
25,619
232
28
26
257
21
234
299
2,876
21,528
22,093
2,780
22,093
257
210
26,032
26,034
2,217
2,177
2
28,054
28,190
24,717
24,803
25,000
25,000
2,000,722
2
2,000,722
24,521
26,506
25
24.5
2,341
2,369
2,994
28
284
20,000
20,000
2,837
22,585
We found 47 numbers that start with the digit 3. Here they are:
32,393
32,393
34,205
34,039
345
368
30
32,393
34,039
360
360
30
30
30
32,393
34,205
32,253
33,363
32,253
33,351
33
39
37
360
30
3,545
30
335
366
378
374
383
345,000
368,000
34,000
35,000
3.54
3,690
3,736
3,214
3,823
3,561
3,823
3,561
3,307
3,019
3,653
4's 5's 6's
We found 34 numbers that start with the digit 4. Here they are:
463
472
4,573
4,511
426
400
41
42
472
494
440
440
42
42
42
465
4
463
463
494
440
46
42
464
486
45,870
46,173
480
4
4.35
426
400
419,709
4,435
We found 37 numbers that start with the digit 5. Here they are:
516
5,000,000
553
565
5,124
5,304
501
501
55
585
541
501
597
597
597
558
501
5,224
565
597
5
593
563
575
581
590
562
562
5
5.00
516
5.7
5,555
5,363
567
501
5,334
We found 23 numbers that start with the digit 6. Here they are:
665
609
6,851
6,592
614
614
614
6,246
65
65
65
603
6
65
6.75
6.05
6.05
6.05
6.75
60,618
609
62
614
7's 8's 9's
We found 46 numbers that start with the digit 7. Here they are:
7,482,432
717
747
747
7,471,344
75
75
7,504
7,269
721
723
7,471
7,463
772
7,471
75
747
747
747
7,471
75
7,463
75
7,179
7,463
75
7,732
721
723
72
747
747
747,000
71,654
71,928
73,197
73,401
73,197
73,401
704,983
7,513
7,297
77
713
721
723
We found 23 numbers that start with the digit 8. Here they are:
88,788
89,419
810
833
843
8,837
8,336
802
802
8,336
802
8,837
802
88
810
8,691
8,715
8.50
84,521
8.5
8.5
845
802
We found 25 numbers that start with the digit 9. Here they are:
969
968
9
943
97
913
943
943
9
9
97
911
902
9
9
93,000
9,000
9,697
9,808
9,655
9.6
9
9
943
90
While the above FREVS 10Q Filed 3/17/2026 is interesting in isolation, we have found that it is also useful to take a look at older FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY INC. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 3/17/2026 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical FREVS 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

31.5
14.1
10.9
7.9
8.6
5.3
10.6
5.3
5.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 55
XBRL?   [ original filing ]
Total numbers found: 432

= Typical FREVS range from 6/14/2021 to 3/17/2026
29.9
17.7
10.8
6.4
9.3
6.7
12.0
4.1
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 57
XBRL?   [ original filing ]
Total numbers found: 685

= Typical FREVS range from 6/14/2021 to 3/17/2026
34.9
13.5
12.6
7.9
7.0
6.7
8.7
4.7
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 786

= Typical FREVS range from 6/14/2021 to 3/17/2026
33.6
17.1
11.2
9.3
5.4
8.3
7.7
3.6
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 1,209

= Typical FREVS range from 6/14/2021 to 3/17/2026
31.3
14.9
9.5
11.8
7.7
8.5
10.4
2.1
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 35
XBRL?   [ original filing ]
Total numbers found: 482

= Typical FREVS range from 6/14/2021 to 3/17/2026
27.7
16.4
14.3
7.2
7.3
9.6
9.5
4.6
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL?   [ original filing ]
Total numbers found: 791

= Typical FREVS range from 6/14/2021 to 3/17/2026
28.4
19.4
18.3
8.8
5.8
4.5
5.8
5.4
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 797

= Typical FREVS range from 6/14/2021 to 3/17/2026
33.8
18.1
9.1
7.2
7.1
6.7
9.0
6.2
2.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL?   [ original filing ]
Total numbers found: 1,006

= Typical FREVS range from 6/14/2021 to 3/17/2026
32.3
13.1
8.8
7.5
11.2
6.7
12.1
3.5
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 33
XBRL?   [ original filing ]
Total numbers found: 480

= Typical FREVS range from 6/14/2021 to 3/17/2026
31.5
16.5
12.0
7.2
7.6
6.4
11.2
3.2
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 59
XBRL?   [ original filing ]
Total numbers found: 708

= Typical FREVS range from 6/14/2021 to 3/17/2026
30.8
15.2
12.2
8.0
7.5
7.5
9.5
3.9
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL?   [ original filing ]
Total numbers found: 790

= Typical FREVS range from 6/14/2021 to 3/17/2026
32.1
18.5
13.3
9.8
6.1
6.7
6.9
2.9
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 1,203

= Typical FREVS range from 6/14/2021 to 3/17/2026
26.8
16.2
13.2
10.0
8.6
7.8
9.9
2.8
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 538

= Typical FREVS range from 6/14/2021 to 3/17/2026
28.2
20.7
16.9
7.7
8.2
5.3
5.4
5.4
2.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 699

= Typical FREVS range from 6/14/2021 to 3/17/2026
31.9
14.8
11.4
6.2
8.7
8.2
10.3
5.2
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 73
XBRL?   [ original filing ]
Total numbers found: 756

= Typical FREVS range from 6/14/2021 to 3/17/2026
33.6
16.7
9.3
8.8
6.6
8.2
8.1
5.0
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 1,162

= Typical FREVS range from 6/14/2021 to 3/17/2026
33.5
12.5
11.7
8.7
6.8
7.6
10.6
4.2
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL?   [ original filing ]
Total numbers found: 471

= Typical FREVS range from 6/14/2021 to 3/17/2026
29.5
16.3
13.3
7.8
6.6
8.8
11.3
3.3
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 60
XBRL?   [ original filing ]
Total numbers found: 701

= Typical FREVS range from 6/14/2021 to 3/17/2026
28.5
16.4
14.7
7.1
7.6
7.1
8.8
4.3
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 67
XBRL?   [ original filing ]
Total numbers found: 859

= Typical FREVS range from 6/14/2021 to 3/17/2026
32.4
20.1
14.3
9.7
6.1
6.0
4.8
3.4
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 1,159

= Typical FREVS range from 6/14/2021 to 3/17/2026
 

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