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
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 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*
SHIELDS JOSEPH P
(Last) (First) (Middle)
C/O NEW JERSEY RESOURCES CORPORATION
1415 WYCKOFF ROAD
(Street)
WALL NJ 07719
(City) (State) (Zip)
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)
Sr. V.P. of Sub.
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2004
4. If Amendment, Date of Original Filed (Month/Day/Year)
08/05/2004 		6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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 08/03/2004 M 16,375 A $24.625 0 D
Common Stock 08/03/2004 S 2,443 D $40.15 0 D
Common Stock 08/03/2004 S 195 D $40.17 0 D
Common Stock 08/03/2004 S 439 D $40.19 0 D
Common Stock 08/03/2004 S 98 D $40.2 0 D
Common Stock 08/03/2004 S 244 D $40.21 0 D
Common Stock 08/03/2004 S 634 D $40.23 0 D
Common Stock 08/03/2004 S 1,609 D $40.25 0 D
Common Stock 08/03/2004 S 780 D $40.26 0 D
Common Stock 08/03/2004 S 341 D $40.27 0 D
Common Stock 08/03/2004 S 634 D $40.28 0 D
Common Stock 08/03/2004 S 49 D $40.29 0 D
Common Stock 08/03/2004 S 439 D $40.31 0 D
Common Stock 08/03/2004 S 244 D $40.32 0 D
Common Stock 08/03/2004 S 390 D $40.33 0 D
Common Stock 08/03/2004 S 585 D $40.34 0 D
Common Stock 08/03/2004 S 1,463 D $40.35 0 D
Common Stock 08/03/2004 S 341 D $40.36 0 D
Common Stock 08/03/2004 S 683 D $40.37 0 D
Common Stock 08/03/2004 S 293 D $40.39 0 D
Common Stock 08/03/2004 S 1,317 D $40.4 0 D
Common Stock 08/03/2004 S 1,414 D $40.41 0 D
Common Stock 08/03/2004 S 1,740 D $40.42 0 D
Common Stock 08/03/2004 M 3,625 A $27.333 0 D
Common Stock 08/03/2004 S 16 D $40.42 0 D
Common Stock 08/03/2004 S 390 D $40.43 0 D
Common Stock 08/03/2004 S 634 D $40.44 0 D
Common Stock 08/03/2004 S 390 D $40.45 0 D
Common Stock 08/03/2004 S 146 D $40.46 0 D
Common Stock 08/03/2004 S 49 D $40.47 0(2) D
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
Option (Right-to-Buy) $24.625(3) 08/03/2004 M 16,375(3) 11/26/2000(5) 11/26/2009 Common Stock 16,375(3) $24.625(3) 0 D
Option (Right-to-Buy) $27.3333(4) 08/03/2004 M 3,625(4) 11/29/2001(5) 11/29/2010 Common Stock 3,625(4) $27.333(4) 56,375(1) D
Explanation of Responses:
1. This amendment is being issued to correct the number of derivatives owned following the exercise of the 3,625 options, previously omitted in the original filing.
2. This is Form 1 of 2; number of entries exceeds lines allowed on Form. Please see continuation of Form 4 on Form 2 of 2 submitted August 5, 2004.
3. Original 20,000 options at $36.9375 per share were previously reported. This changed to 30,000 options at a price of $24.625 per share due to 3 for 2 stock split effective 3/1/02. Previously exercised 13,625 options.
4. Original 40,000 options at $41.00 per share were previously reported. This changed to 60,000 options at a price of $27.3333 per share due to 3 for 2 stock split effective 3/1/02.
5. Options are exercisable 25% each year beginning on the first anniversary date of the grant, which is listed here.
Oleta J. Harden - Attorney-In-Fact (POA on file) 08/11/2004
** 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).
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