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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 TATTgRo08JJVOJcuIkJAuVLiqnBcntmzioy0lytni3NbA3P9cNlGy1hqtx5PDiQA
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<SEC-DOCUMENT>0000914317-05-000105.txt : 20050111
<SEC-HEADER>0000914317-05-000105.hdr.sgml : 20050111
<ACCEPTANCE-DATETIME>20050111155646
ACCESSION NUMBER:		0000914317-05-000105
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050110
FILED AS OF DATE:		20050111
DATE AS OF CHANGE:		20050111

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BARNEY DONALD W
		CENTRAL INDEX KEY:			0001231907

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25043
		FILM NUMBER:		05523543

	BUSINESS ADDRESS:	
		STREET 1:		815 POND BROOK RD
		CITY:			FRANKLIN LAKES
		STATE:			NJ
		ZIP:			07417
		BUSINESS PHONE:		2014050123

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY
		CENTRAL INDEX KEY:			0000036840
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				221697095
		STATE OF INCORPORATION:			NJ
		FISCAL YEAR END:			1031

	BUSINESS ADDRESS:	
		STREET 1:		505 MAIN ST
		STREET 2:		P O BOX 667
		CITY:			HACKENSACK
		STATE:			NJ
		ZIP:			07602
		BUSINESS PHONE:		2014886400

	MAIL ADDRESS:	
		STREET 1:		P O BOX 667
		STREET 2:		505 MAIN STREET
		CITY:			HACKENSACK
		STATE:			NJ
		ZIP:			07602
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>form4a-65050_barneyex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2005-01-10</periodOfReport>

    <dateOfOriginalSubmission>2004-12-22</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000036840</issuerCik>
        <issuerName>FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY</issuerName>
        <issuerTradingSymbol>FREVS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001231907</rptOwnerCik>
            <rptOwnerName>BARNEY DONALD W</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>815 POND BROOK RD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>FRANKLIN LAKES</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07417</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Trustee &amp; President</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Shares of Beneficial interest (as amended)</value>
            </securityTitle>
            <transactionDate>
                <value>2004-12-22</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>G</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>4400</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>116724</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Corrected to reflect stock splits.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Donald W. Barney</signatureName>
        <signatureDate>2005-01-10</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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