-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 OqB0NRmb+STfTqhkYqg0osSeHLZD6Hkg314tpeRcYHHefdMODngJtgnrBMe892uK
 80oiP5aFc0mpjVj3sOPuwA==

<SEC-DOCUMENT>0000950159-03-000613.txt : 20030723
<SEC-HEADER>0000950159-03-000613.hdr.sgml : 20030723
<ACCEPTANCE-DATETIME>20030723150958
ACCESSION NUMBER:		0000950159-03-000613
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030721
FILED AS OF DATE:		20030723

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COMMERCE BANCORP INC /NJ/
		CENTRAL INDEX KEY:			0000715096
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				222433468
		STATE OF INCORPORATION:			NJ
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		COMMERCE ATRIUM
		STREET 2:		1701 RTE 70 E
		CITY:			CHERRY HILL
		STATE:			NJ
		ZIP:			08034-5400
		BUSINESS PHONE:		8567519000

	MAIL ADDRESS:	
		STREET 1:		1701 ROUTE 70 EAST
		CITY:			CHERRY HILL
		STATE:			NJ
		ZIP:			08034-5400

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HILL VERNON W II
		CENTRAL INDEX KEY:			0001106393

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12069
		FILM NUMBER:		03798198

	BUSINESS ADDRESS:	
		STREET 1:		1701 ROUTE 70 EAST
		CITY:			CHERRY HILL
		STATE:			NJ
		ZIP:			08034
		BUSINESS PHONE:		7177519000

	MAIL ADDRESS:	
		STREET 1:		1701 ROUTE 70 EAST
		CITY:			CHERRY HILL
		STATE:			NJ
		ZIP:			08034
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>hillf4_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   04/22/03  TZ    -->
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-07-21</periodOfReport>
    <issuer>
        <issuerCik>0000715096</issuerCik>
        <issuerName>COMMERCE BANCORP INC /NJ/</issuerName>
        <issuerTradingSymbol>CBH</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
      <reportingOwnerId>
            <rptOwnerCik>0001106393</rptOwnerCik>
            <rptOwnerName>HILL VERNON W II</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>1</isDirector>
         <isOfficer>0</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
       </reportingOwnerRelationship>
   </reportingOwner>
   <nonDerivativeSecurity>
      <securityTitle>
         <value>Common Stock</value>
      </securityTitle>
      <transactionDate>
         <value>2003-07-21</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>J</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
            <footnoteId id="F1"/>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>148</value>
         </transactionShares>
         <transactionValue>
           <value>40.43</value>
         </transactionValue>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
     <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>127457</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>I</value>
         </directOrIndirectOwnership>
         <natureOfOwnership>
            <value>J.V. Properties</value>
         </natureOfOwnership>
      </ownershipNature>
   </nonDerivativeSecurity>
   <footnotes>
<footnote id="F1"> Purchase under DRIP</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>Vernon W. Hill, II</signatureName>
      <signatureDate>2003-07-21</signatureDate>
   </ownerSignature>
</ownershipDocument>

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