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Audit Information
12 Months Ended
Oct. 31, 2024
Auditor [Table]  
Auditor Name EISNERAMPER LLP
Auditor Firm ID 274
Auditor Location New York, New York
Auditor Opinion [Text Block]

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of First Real Estate Investment Trust of New Jersey, Inc. and Subsidiaries (the “Company”) as of October 31, 2024 and 2023, and the related consolidated statements of income, comprehensive income, equity, and cash flows for each of the years in the three-year period ended October 31, 2024, and the related notes and the financial statement schedule identified in Item 15 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the consolidated financial position of the Company as of October 31, 2024 and 2023, and the consolidated results of their operations and their cash flows for each of the years in the three-year period ended October 31, 2024, in conformity with accounting principles generally accepted in the United States of America.