EXHIBIT 99.1

                    CERTIFICATION OF CHIEF EXECUTIVE OFFICER

                           PURSUANT TO 18 U.S.C. 1350,

      AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002



In connection  with the Annual Report of First Real Estate  Investment  Trust of
New Jersey (the  "Company")  on Form 10-K for the perio  ended  October 31, 2003
(the "Report"), I, Robert S. Hekemian, Chairman of the Board and Chief Executive
Officer of the  Company,  do hereby  certify,  pursuant  to 18 U.S.C.  1350,  as
adopted  pursuant to section 906 of the  Sarbanes-Oxley  Act of 2002, that to my
knowledge:

     1.   the Report fully  complies with the  requirements  of section 13(a) or
          15(d) of the Securities  Exchange Act of 1934, 15 U.S.C 78m or 78o(d),
          and

     2.   the  information  contained  in the  Report  fairly  presents,  in all
          material respects, the financial condition,  and results of operations
          of the Company.



Dated: January 27, 2004



                                           /s/ Robert S. Hekemian
                                               ---------------------------------
                                               Robert S. Hekemian
                                               Chairman of the Board and, Chief
                                               Executive Officer