FREIT BOARD OF DIRECTORS APPROVES PLAN OF VOLUNTARY LIQUIDATION TO MAXIMIZE VALUE FOR STOCKHOLDERS

Current Estimate of Distributions to Stockholders is Approximately $24.44 to $30.03 Per Share;  Representing Significant Premium to Latest Closing Stock Price

HACKENSACK, N.J., May 14, 2026 /PRNewswire/ — First Real Estate Investment Trust of New Jersey, Inc. (“FREIT” or the “Trust”) announced today that its Board of Directors (the “Board”) has unanimously approved a plan of voluntary liquidation, which provides for the voluntary liquidation and dissolution of the Trust by the sale, conveyance, transfer or disposition of all of the Trust’s…