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 1/28/2022 to 9/11/2026 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.
29.0
18.9
12.5
6.2
7.5
9.2
9.5
5.1
2.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL? ✓  [ original filing, FREVS stockholder letter ]
Total numbers found: 758
Recent share count: NA

■ = Typical range across full coverage universe
Benford's Law Stocks Indicator
758
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 8 numbers to move any given column by a full percentage point.
53

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 4's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 4's percentage was below the company's typical historical range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • The 6's percentage was higher than the 5'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 6's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the company's typical historical range.
 • The 7's percentage was higher than the 6'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 7's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 9's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 9's percentage was below 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 220 numbers that start with the digit 1. Here they are:
16,024
17,926
18,174
17,025
16,922
104
172
165,496
149,874
114,840
121,300
114,244
120,784
1,007
1,132
118,259
124,171
1,360
165,496
149,874
1,535
1,383
141
1,052
1,036
1,499
1,478
16,424
15,258
1,053
19,825
19,825
106
13
1,973
1,808
19,946
140
12
19,946
131
115
106
17
10
1
15
1,814
19,959
140
1,360
141
1,556
181
11
140
140
140
195
195
182
1,424
19,946
113
13
13
13
140
140
140
113
19
19
19
140
19,825
140
140
106
13
119
125
182
16
157
121
1,674
170
14,127
1,181
19,223
18,323
16,024
14,604
18,323
10
18,174
15,000
100
100
17,025
16,922
106
13
130
108
180
152
16,816
16,922
17,025
16,922
1,410
1,292
1,815
1,691
1,076
12
1,117
1,144
163
106
13
1
1.65
100
100
1,052
1,036
108
110
160
181
123
168
1,000,000
120,000
180,000
165,000
12,000
11,000
15,000
1
1
15
1,200,000
1,800,000
1,145,139
13,621
13,754
10,834
11,030
19,977
114,840
121,300
114,244
120,784
131,000
162,000
13.9
16.6
166,727
112,556
10
107,978
1,295,739
141,061
1,145,139
1,550,000
13
13
13
19,347
131,000
162,000
111.2
118.4
114.2
120.8
1,842
1,805
16,797
16,269
1,247
1,273
11,157
10,803
1,809
1,662
11,524
11,051
141
154
11,524
11,051
1,053
1,376
106
13
19,825
19,825
1,973
1,808
19,946
140
100
100
16.76
1,193
1,193
12.62
1,584
1,584
17,182
100
19.8
1
100
1,200,000
1,000,000
We found 143 numbers that start with the digit 2. Here they are:
2
287
258
201
238
235
210
20,000,000
20,837
221
211
25,703
20,812
20,085
22,675
21,771
2,390
2,126
2,195
297
21,182
2,021
215
21,720
2,387
20,161
2.90
2.69
21,182
2,021
203
25
207
20
2
2
2
21,192
215
21,730
2,180
20,174
211
25,703
25,368
208
25,026
20,161
20,161
215
20
20
20
20,837
221
26,184
25,619
202
202
227
227
227
219
25,494
2
2
287
25,551
21,182
2,021
2,126
2,195
222
257
25,717
209
2,242
21,528
20,347
25
2,852
20,347
25,000
20,000
207,000
235,000
210,000
22
209
25,870
26,034
209
2,323
2,168
20
20
25,000
25,000
2
27,771
28,190
24,541
24,803
25,000
24,541,000
25,000,000
2,000,722
2
2,000,722
20
20
25
20
24,852
24,853
26,866
24.5
25,000,000
22,681
21,854
2,399
2,329
27
297
2,260
2,126
2,195
21,182
2,021
215
21,720
2,387
20,161
20,000
20,000
2,685
2,529
2,410
27,000,000
27,000,000
25.4
2
28,800,000
We found 95 numbers that start with the digit 3. Here they are:
391
32,533
32,393
34,039
397
328
303
3,133
390
358
303
37
36
366
32
33
3
366
32,393
34,039
360
360
30
30
30
32,393
34,205
35
35
35
32,533
34,240
3,000
3,000
32,533
32,253
33,363
32,253
33,351
32,393
33,541
32,393
33,740
360
3,362
3,928
37,414
38,803
3,000
36
3,517
37
36
326
324
335
3,770
306
311
370
379
37
36
390
358
344
312
35,000
319.9
34,000
34,000
30,000
3
3,000,000
3.54
386
3,923
3,646
3,602
3,292
3,137
3,887
3,669
389
357
3,887
3,669
303
3,141
37
36
366
3,417
3,063
3,078
4's 5's 6's
We found 47 numbers that start with the digit 4. Here they are:
41,863
472
4,511
47,237
415
4,508
4,415
4,964
4
434
47,237
494
440
440
42
42
42
465
431
49
442
46,861
451
46
455
41,863
442
45,258
46,173
480
4,044
48
4
496,000
496,000
446,000
40
40
40
458,056
462,024
4.35
404,861
4,075
4
408,621
446,000
We found 57 numbers that start with the digit 5. Here they are:
5,538
596
516
5,000,000
53,666
5,703
5,634
5,532
538
53
53
5
538
53,666
541
501
597
597
597
558
598
598
598
518
557
555
5,061
5,390
5
576
563
575
562
565
57
56
5
50,000
530,000
515,000
5
5
596
516
5.7
5
5,884
5,585
5,691
5,466
595
532
5,634
5,532
538
5.6
50,000
We found 70 numbers that start with the digit 6. Here they are:
693
665
686
6,429
6,981
6,758
681
62
6
616
616
6,429
614
614
62
62
62
6
6
6
632
6
666
67
6
62,065
6,460
6,894
647
687
6,419
644
6,217
64
666
6,000
62,000
65
65
62
623
643
638
65
6,793
6,537
607
65
60
60,000
65,000
60
60
60
6.875
687,083
693,036
6.75
6.05
6.05
6.875
6.28
6.05
6.875
6.75
6.28
6,880
6
624
681
7's 8's 9's
We found 72 numbers that start with the digit 7. Here they are:
7,482,432
748
747
7,482,432
7,471,344
75
75
7,537
7,244
7,612
738
739
7,477
7,468
7,482
7,471
739
7
7,471
75
747
747
747
7,471
75
748
748
748
7,482
75
748
748
748
7
7
7
7,482
75
7,463
75
7,179
7,463
75
7,732
781
7,471
75
739
748
748
748
7,471
75
748
748
748,000
7,000
71,023
71,928
72,865
73,401
710
72,865
73,401
7
73
704,983
7,533
7,271
7,082
738
739
We found 39 numbers that start with the digit 8. Here they are:
82,173
89,419
806
833
881
843
8,336
89
8,738
846
879
807
8,336
802
8,837
8
8
8
8
894
894
854
8,047
879
879
8,189
83
806
867
80,000
8,637
8,715
8.50
84,521
8.5
8.5
83
846
879
We found 15 numbers that start with the digit 9. Here they are:
982
968
947
943
943
9,214
985
9,299
900
934
9,459
9,808
9,715
9,389
90
While the above FREVS 10Q Filed 9/11/2026 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 9/11/2026 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.

29.0
18.9
12.5
6.2
7.5
9.2
9.5
5.1
2.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 53
XBRL? ✓  [ original filing ]
Total numbers found: 758

■ = Typical FREVS range from 1/28/2022 to 9/11/2026
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: 79
XBRL? ✓  [ original filing ]
Total numbers found: 1,006

■ = Typical FREVS range from 1/28/2022 to 9/11/2026
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: 35
XBRL? ✓  [ original filing ]
Total numbers found: 480

■ = Typical FREVS range from 1/28/2022 to 9/11/2026
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: 62
XBRL? ✓  [ original filing ]
Total numbers found: 708

■ = Typical FREVS range from 1/28/2022 to 9/11/2026
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: 71
XBRL? ✓  [ original filing ]
Total numbers found: 790

■ = Typical FREVS range from 1/28/2022 to 9/11/2026
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 1/28/2022 to 9/11/2026
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 1/28/2022 to 9/11/2026
30.6
16.3
12.9
6.0
7.2
7.4
11.3
6.0
2.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 55
XBRL? ✓  [ original filing ]
Total numbers found: 638

■ = Typical FREVS range from 1/28/2022 to 9/11/2026
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 1/28/2022 to 9/11/2026
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: 89
XBRL? ✓  [ original filing ]
Total numbers found: 1,162

■ = Typical FREVS range from 1/28/2022 to 9/11/2026
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 1/28/2022 to 9/11/2026
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: 63
XBRL? ✓  [ original filing ]
Total numbers found: 701

■ = Typical FREVS range from 1/28/2022 to 9/11/2026
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: 65
XBRL? ✓  [ original filing ]
Total numbers found: 859

■ = Typical FREVS range from 1/28/2022 to 9/11/2026
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: 93
XBRL? ✓  [ original filing ]
Total numbers found: 1,159

■ = Typical FREVS range from 1/28/2022 to 9/11/2026
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 1/28/2022 to 9/11/2026
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: 60
XBRL? ✓  [ original filing ]
Total numbers found: 685

■ = Typical FREVS range from 1/28/2022 to 9/11/2026
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: 88
XBRL? ✓  [ original filing ]
Total numbers found: 786

■ = Typical FREVS range from 1/28/2022 to 9/11/2026
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 1/28/2022 to 9/11/2026
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 1/28/2022 to 9/11/2026
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: 71
XBRL? ✓  [ original filing ]
Total numbers found: 791

■ = Typical FREVS range from 1/28/2022 to 9/11/2026
 

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