Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
HARDEN OLETA J
  2. Issuer Name and Ticker or Trading Symbol
NEW JERSEY RESOURCES CORP [NJR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Senior V.P. and Secretary
(Last)
(First)
(Middle)
NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD
3. Date of Earliest Transaction (Month/Day/Year)
05/10/2005
(Street)

WALL, NJ 07719
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/10/2005   M   5,000 A $ 18.5 0 D  
Common Stock 05/10/2005   S   900 D $ 44.13 0 D  
Common Stock 05/10/2005   S   1,000 D $ 44.15 0 D  
Common Stock 05/10/2005   S   700 D $ 44.2 0 D  
Common Stock 05/10/2005   S   100 D $ 44.21 0 D  
Common Stock 05/10/2005   S   200 D $ 44.22 0 D  
Common Stock 05/10/2005   S   200 D $ 44.25 0 D  
Common Stock 05/10/2005   G   8 (1) D $ 0 31,127.8748 (2) D  
Common Stock 05/12/2005   J   33.63 (3) D $ 0 25.707 (4) I Cust. for Rel.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (Right-To-Buy) $ 18.5 05/10/2005   M     5,000 11/29/1996(5) 11/29/2005 Common Stock 5,000 $ 18.5 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HARDEN OLETA J
NEW JERSEY RESOURCES CORPORATION
1415 WYCKOFF ROAD
WALL, NJ 07719
      Senior V.P. and Secretary  

Signatures

 Oleta J. Harden - Attorney-In-Fact (POA on file)   05/12/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Shares were gifted to unrelated parties. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(2) Total includes (1) shares in compensation deferral plan which includes reinvested dividends, (2) shares held in ESOP Plan that are accounted for on a unitized basis that reflects a calculated value, and (3) shares purchased with reinvested dividends through DRP.
(3) The reporting person no longer has a reportable beneficial interest in 33.630 shares of NJR common stock owned by her relative and previously included in the reporting person's beneficial ownership reports.
(4) Total includes reinvested dividends through DRP.
(5) Options are exercisable 25% each year beginning on the first anniversary date, which is listed here.

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