SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* URSTADT CHARLES J (Last) (First) (Middle) 2 PARK PLACE (Street) BRONXVILLE NY 10708 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol URSTADT BIDDLE PROPERTIES INC [ UBP ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner X Officer (give title below) Other (specify below) Chairman of the Board & CEO
	3. Date of Earliest Transaction (Month/Day/Year) 04/22/2004
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

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	04/16/2004		J		4,197	A	$13.522	2,636,420	I	footnote(1)
Common Stock	04/16/2004		J		101	A	$13.522	2,636,521	I	footnote(2)
Common Stock	04/16/2004		J		6,323	A	$14.13	2,642,844	I	footnote(3)
Common Stock	04/16/2004		J		25,293	A	$13.522	2,668,137	I	footnote(4)
Common Stock	04/22/2004		S		25,293	D	$13.522	2,642,844	I	footnote(5)
Common Stock	04/22/2004		P		25,293	A	$13.522	2,668,137	I	footnote(5)(6)

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 Securities Underlying Derivative Security (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: 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

1. Name and Address of Reporting Person* URSTADT CHARLES J (Last) (First) (Middle) 2 PARK PLACE (Street) BRONXVILLE NY 10708 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner X Officer (give title below) Other (specify below) Chairman of the Board & CEO

1. Name and Address of Reporting Person* URSTADT PROPERTY CO INC (Last) (First) (Middle) 2 PARK PLACE (Street) BRONXVILLE NY 10708 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Joint Filer

1. Name and Address of Reporting Person* URSTADT REALTY ASSOCIATES CO LP (Last) (First) (Middle) 2 PARK PLACE (Street) BRONXVILLE NY 01708 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. A portion of those shares of Common Stock of which Mr. Urstadt is the direct beneficial owner are subject to automatic reinvestment of dividends pursuant to the Issuer's Dividend Reinvestment Plan. On April 16, 2004, dividends on these shares were paid and automatically reinvested in additional Common Stock for the benefit of Mr. Urstadt in the amount of 4,196.6965 shares.

2. Those shares of Common Stock of which Mr. Urstadt is the indirect beneficial owner and which are owned by The Trust established under the Urstadt Biddle Properties Inc. Excess Benefits and Deferred Compensation Plan (the "Compensation Plan Trust") are subject to automatic reivestment of dividends pursuant to the Issuer's Dividend Reinvestment Plan. On April 16, 2004, dividends on these shares were paid and automatically reinvested in additional Common Stock for the benefit of Mr. Urstadt in the amount of 100.4050 shares.

3. Those shares of Common Stock of which Mr. Urstadt is the indirect beneficial owner and which are owned by Urstadt Property Company, Inc. ("UPCO"), of which Mr. Urstadt is a controlling shareholder, are subject to automatic reinvestment of dividends pursuant to the Issuer's Dividend Reinvestment Plan. On April 16, 2004, dividends on these shares were paid and automatically reinvested in additional Common Stock in the amount of 6,323.31 shares.

4. Those shares of Common Stock of which Mr. Urstadt is the indirect benefitcial owner and which are owned by Urstadt Realty Associates Co LP ("URACO"), a Delaware limited partnership of which UPCO is the general partner and Mr. Urstadt, Mrs. Urstadt, the Catherine U. Biddle Irrevocable Trust and the Charles D. Urstadt Irrevocable Trust (for each of which trusts Mr. Urstadt is the sole trustee) are the limited partners, are subject to automatic reinvestment of dividends pursuant to the Issuer's Dividend Reinvestment Plan. On April 16, 2004, dividends on these shares were paid and automatically reinvested in additional Common Stock in the amount of 25,293 shares.

5. On April 22, 2004, those shares of Common Stock acquired by URACO, as set forth in footnote 4, were sold to UPCO in a private transaction. Since Mr. Urstadt is deemed to beneficially own all shares of Common Stock held by URACO and UPCO, the transfer of shares from URACO to UPCO resulted in a change only in the manner in which such shares were held; there was no change in the number of shares beneficially owned by Mr. Urstadt.

6. The Reporting Person is the direct beneficial owner of 296,011 shares of Common Stock individually (including 281,250 restricted shares of Common Stock issued pursuant to the Issuers Restricted Stock Award Plan) which, when added to the 21,300 shares of Common Stock held by Elinor Urstadt, his wife, the 100,000 shares of Common Stock held by the Urstadt Conservation Foundation (the "Foundation") of which Mr. Urstadt and Mrs. Urstadt are the sole trustees, the 7,063 shares of Common Stock held by the Compensation Plan Tust for the benefit of Mr. Urstadt, the 489,813 shares of Common Stock held by UPCO, of which Mr. Urstadt is a controlling shareholder, and the 1,753,950 shares of Common Stock held by URACO, result in Mr. Urstadt beneficially owning 2,668,137 shares of Common Stock. Mr. Urstadt disclaims beneficial ownership of any shares owned by the Foundation.

Remarks:

	Charles J. Urstadt by Thomas D. Myers as Attorney in Fact	04/26/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.