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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report: October 12, 1999
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FIRST REAL ESTATE INVESTMENT TRUST
OF NEW JERSEY
(Exact name of registrant as specified in its charter)
New Jersey 2-27018 22-1697095
(State or other (Commission File (I.R.S. Employer
jurisdiction of number) Identification
incorporation) Number)
505 Main Street, P.O. Box 667
Hackensack, New Jersey 07602
(Address of principal executive office) (Zip Code)
(201) 488-6400
(Registrant's telephone number, including area code)
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Item 5. Other Events
The Registrant declared a dividend for the fourth quarter of fiscal
year 1999 in the amount of $1.05 per share at its October 12, 1999 Meeting of
the Board of Trustees. The dividend will be paid on December 15, 1999 to
shareholders of record as of December 6, 1999.
The Registrant has previously paid a dividend of $1.20 per share at
the rate of $.40 per share for each of the first three calendar quarters for
fiscal year 1999.
The dividend for fiscal year 1999 will be $2.25 per share upon the
payment of the fourth quarter dividend on December 15, 1999.
Disclosure Concerning Forward-Looking Statements
Certain Statements in this 8-K, may contain information that is, or anticipate
certain events that are, forward-looking within the meaning of Section 27A of
the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E
of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The
Registrant cautions readers that forward-looking statements, including, without
limitation, those relating to the Registrant's liquidity and capital resources,
are subject to certain risks and uncertainties. Actual results may differ
materially from those described in the forward-looking statements and will be
affected by a variety of risk and factors, including without limitation, the
Registrant's future financial performance; the availability of capital; general
market conditions; national and local economic conditions, particularly
long-term interest rates; the terms of federal, state and local governmental
regulations that affect the Registrant; and the competitive environment in which
the Registrant operates, including, the availability of commercial office space
and residential units in the areas where the Registrant's properties are
located. In addition, the Registrant's continued qualification as a real estate
investment trust involves the application of highly technical and complex rules
of the Internal Revenue Code. The forward-looking statements are made as of the
date of this Form 8-K and the Registrant assumes no obligation to update the
forward-looking statements or to update the reasons actual results could differ
from those projected in such forward-looking statements.
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Signatures
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Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FIRST REAL ESTATE INVESTMENT TRUST
OF NEW JERSEY
By: /s/ Robert S. Hekemian
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Robert S. Hekemian
Chairman of the Board
DATED: October 22, 1999
