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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000932471-01-000103.txt : 20010209
<SEC-HEADER>0000932471-01-000103.hdr.sgml : 20010209
ACCESSION NUMBER:		0000932471-01-000103
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20010208

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VANGUARD NEW JERSEY TAX FREE FUND
		CENTRAL INDEX KEY:			0000821404
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-17351
		FILM NUMBER:		1528998

	BUSINESS ADDRESS:	
		STREET 1:		100 VANGUARD BLVD
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355
		BUSINESS PHONE:		6106696289
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<FILENAME>0001.txt
<DESCRIPTION>VANGUARD NEW JERSEY TAX-FREE FUNDS SUPPLEMENT
<TEXT>


                                     [SHIP]
                            [THE VANGUARD GROUP LOGO]

                    VANGUARD(R) NEW JERSEY INSURED LONG-TERM
                                TAX-EXEMPT FUND
                SUPPLEMENT TO THE PROSPECTUS DATED MARCH 30, 2000

On page 4 in the paragraph under  INVESTMENT  STRATEGIES,  the third sentence is
deleted and replaced with the following:
     The  remainder  of the Fund's  assets may be invested  in  investment-grade
quality New Jersey municipal securities that are not insured.

                                     * * * *

On page 10 in the third paragraph after the PLAIN TALK ABOUT ALTERNATIVE MINIMUM
TAX, the last sentence is deleted and replaced with the following:
     However, up to 20% of the Fund's assets may be invested in either:
- -    Uninsured New Jersey municipal securities with credit quality equivalent to
     that  of  securities  rated  BBB  or  better  by  a  Nationally  Recognized
     Statistical Rating Organization (NRSRO), or
- -    Uninsured   investment-grade  quality,   short-term  New  Jersey  municipal
     securities.

(C)2001 The Vanguard Group, Inc. All rights reserved.               PS14N 022001
Vanguard Marketing Corporation, Distributor.

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