N-Q 1 form.htm FORM NQ-750 form
    UNITED STATES 
    SECURITIES AND EXCHANGE COMMISSION 
    Washington, D.C. 20549 
    FORM N-Q 
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT 
    INVESTMENT COMPANY 
Investment Company Act file number 811-5454 
Dreyfus Premier New Jersey Municipal Bond Fund, Inc. 
 
    c/o The Dreyfus Corporation 
    200 Park Avenue 
    New York, New York 10166 
 
    Mark N. Jacobs, Esq. 
    200 Park Avenue 
    New York, New York 10166 
 
Registrant's telephone number, including area code: (212) 922-6000 
Date of fiscal year end:    12/31 
Date of reporting period:    9/30/04 


Dreyfus Premier New Jersey Municipal Bond Fund, Inc.             
Statement of Investments    September 30,    2004 (Unaudited) 
 
Long-Term Municipal Investments--94.0%             
    Principal         
    Amount ($)    Value ($) 


New Jersey--87.3%             
 
Atlantic County Utilities Authority,             
Solid Waste System Revenue:             
7%, 3/1/2008    4,450,000        4,446,840 
7.125%, 3/1/2016    13,250,000        13,247,880 
 
Bayshore Regional Sewer Authority, Sewer Revenue             
5.50%, 4/1/2012 (Insured; MBIA) (Prerefunded 4/1/2006)    2,000,000    a    2,148,640 
 
Bordentown Sewer Authority, Revenue             
5.375%, 12/1/2020 (Insured; FGIC)    3,880,000        4,273,548 
 
Burlington County Bridge Commission, Lease Revenue             
County Guaranteed (Government Leasing Project)             
5.25%, 8/15/2021    1,000,000        1,073,550 
 
Carteret Board of Education, COP             
6%, 1/15/2024 (Insured, MBIA)    440,000        502,770 
 
City of Camden             
Zero Coupon, 2/15/2012 (Insured; FSA)    4,385,000        3,326,812 
 
Delaware River and Bay Authority, Revenue:             
5%, 1/1/2027 (Insured; MBIA)    3,220,000        3,330,865 
5.75%, 1/1/2029 (Insured; AMBAC)    5,000,000        5,543,100 
 
East Orange:             
Zero Coupon, 8/1/2010 (Insured; FSA)    4,240,000        3,476,079 
Zero Coupon, 8/1/2011 (Insured; FSA)    2,500,000        1,950,625 
 
East Orange Board of Education, COP, LR:             
Zero Coupon, 2/1/2021 (Insured; FSA)    1,060,000        491,925 
Zero Coupon, 2/1/2026 (Insured; FSA)    945,000        328,444 
Zero Coupon, 2/1/2028 (Insured; FSA)    2,345,000        731,804 
 
Essex County Improvement Authority, Revenue             
Lease (County Correctional Facility Project)             
6%, 10/1/2025 (Insured; FGIC) (Prerefunded 10/1/2010)    10,000,000    a    11,663,700 
 
Gloucester Township Municipal Utilities Authority, Sewer             
Revenue 5.65%, 3/1/2018 (Insured; AMBAC)    2,530,000        2,944,389 
 
Hudson County, COP (Correctional Facilities)             
5%, 12/1/2021 (Insured; MBIA)    8,460,000        9,064,721 
 
Jersey City:             
Zero Coupon, 5/15/2010 (Insured; FSA)    4,745,000        3,923,356 
6%, 10/1/2008 (Insured; AMBAC)    2,490,000        2,818,481 
 
Mercer County Improvement Authority, Revenue             
(County Courthouse Project) 5.75%, 11/1/2017    500,000        553,460 


Middlesex County Improvement Authority, Revenue:             
Lease (Perth Amboy Municipal Complex Project):             
5.375%, 3/15/2020 (Insured; FGIC)    1,645,000        1,812,757 
5.375%, 3/15/2021 (Insured; FGIC)    1,730,000        1,895,993 
Utility System (Perth Amboy Project):             
Zero Coupon 9/1/2020 (Insured; AMBAC)    4,900,000        2,362,682 
Zero Coupon 9/1/2022 (Insured; AMBAC)    5,000,000        2,142,750 
 
New Brunswick Parking Authority, Guaranteed Parking             
Revenue 5%, 9/1/2024 (Insured; MBIA)    1,220,000        1,270,532 
 
State of New Jersey:             
6%, 7/15/2010 (Insured; MBIA)    7,400,000        8,572,234 
6%, 5/1/2016 (Prerefunded 5/1/2010)    3,695,000    a    4,282,098 
 
New Jersey Building Authority,             
State Building Revenue:             
5.25%, 12/15/2020 (Insured; FSA)             
(Prerefunded 12/15/2012)    2,000,000    a    2,277,860 
5%, 12/15/2021 (Insured; FSA)             
(Prerefunded 12/15/2012)    1,000,000    a    1,121,090 
 
New Jersey Economic Development Authority, Revenue:             
(Department of Human Services):             
6.10%, 7/1/2017    4,200,000        4,684,764 
6.25%, 7/1/2024    1,320,000        1,470,876 
District Heating and Cooling             
(Trigen - Trenton District Energy Co. L.P. Project):         
6.10%, 12/1/2004    715,000        718,925 
6.20%, 12/1/2007    2,725,000        2,785,686 
Economic Development             
(Masonic Charity Foundation of New Jersey):             
5.875%, 6/1/2018    2,750,000        3,069,825 
5.50%, 6/1/2021    1,920,000        2,080,570 
6%, 6/1/2025    1,000,000        1,108,650 
5.25%, 6/1/2032    600,000        624,894 
First Mortgage (The Evergreens):             
6%, 10/1/2017    650,000        667,089 
6%, 10/1/2022    700,000        709,786 
Health, Hospital and Nursing Home             
(Hillcrest Health Service):             
Zero Coupon, 1/1/2012 (Insured; AMBAC)    1,000,000        759,720 
Zero Coupon, 1/1/2013 (Insured; AMBAC)    1,000,000        720,310 
Zero Coupon, 1/1/2015 (Insured; AMBAC)    3,250,000        2,104,245 
Zero Coupon, 1/1/2017 (Insured; AMBAC)    5,000,000        2,910,650 
Zero Coupon, 1/1/2018 (Insured; AMBAC)    2,500,000        1,374,525 
Zero Coupon, 1/1/2020 (Insured; AMBAC)    6,500,000        3,178,825 
Zero Coupon, 1/1/2022 (Insured; AMBAC)    6,000,000        2,604,900 
Local or Guaranteed Housing,             
First Mortgage (Fellowship Village):             
5.50%, 1/1/2018    2,950,000        2,993,335 
5.50%, 1/1/2025    3,000,000        2,926,410 
(Morris Hall / Saint Lawrence Inc. Project)             
5.50%, 4/1/2027 (LOC; Wachovia Bank N.A.)             
(Prerefunded 4/1/2006)    3,000,000    a    3,221,550 


Motor Vehicle Surcharge Revenue             
Zero Coupon, 7/1/2020 (Insured; MBIA)    3,750,000        1,791,450 
Zero Coupon, 7/1/2021 (Insured; MBIA)    2,620,000        1,176,825 
(School Facilities Construction)             
8.718%, 6/15/2018 (Insured; AMBAC)    5,000,000    b,c    6,037,750 
State Lease (State Office Buildings Project):             
6%, 6/15/2014 (Insured; AMBAC)    2,425,000        2,787,198 
6.125%, 6/15/2018 (Insured; AMBAC)    7,535,000        8,708,049 
Waste Paper Recycling (Marcal Paper Mills Inc. Project):             
6.25%, 2/1/2009    6,605,000        6,620,390 
8.50%, 2/1/2010    4,085,000        3,813,756 
 
New Jersey Educational Facilities Authority, Revenue:             
(Farleigh Dickinson University) 6%, 7/1/2020    2,535,000        2,747,915 
(Higher Education Capital Improvement Fund)             
5%, 9/1/2021 (Insured; FSA)    5,270,000        5,633,261 
(Public Library Project)             
5%, 9/1/2022 (Insured; AMBAC)    5,500,000        5,780,390 
(Rowan University):             
5.25%, 7/1/2015 (Insured; FGIC)    2,130,000        2,379,018 
5.75%, 7/1/2030 (Insured; FGIC)    15,405,000        17,119,731 
(Stevens Institute of Technology)    2,500,000        2,555,000 
5.375, 7/1/2034             
(William Patterson University):             
5.125%, 7/1/2021 (Insured; FGIC)    2,430,000        2,629,430 
5%, 7/1/2028 (Insured; FGIC)    2,000,000        2,065,020 
 
New Jersey Environmental Infrastructure Trust             
5.25%, 9/1/2018    4,070,000        4,495,356 
 
New Jersey Health Care Facilities Financing Authority,             
Health, Hospital and Nursing Home Revenue:             
(Atlantic City Medical Center):             
6%, 7/1/2012    3,000,000        3,395,280 
6.25%, 7/1/2017    5,000,000        5,698,500 
(Capital Health System Obligated Group):             
5.75%, 7/1/2023    3,000,000        3,164,190 
5%, 7/1/2026    600,000        582,906 
(General Hospital Center at Passaic)             
6.75%, 7/1/2019 (Insured; FSA)    550,000        705,419 
(Raritan Bay Medical Center) 7.25%, 7/1/2014    3,010,000        3,134,614 
(Saint Barnabas Health)             
Zero Coupon, 7/1/2023 (Insured; MBIA)    5,500,000        2,228,930 
(Saint Elizabeth Hospital Obligated Group):             
6%, 7/1/2014    2,500,000        2,586,750 
6%, 7/1/2020    3,120,000        3,176,971 
 
New Jersey Higher Education Assistance Authority, Student             
Loan Revenue 6.125%, 6/1/2017 (Insured; MBIA)    475,000        486,291 
 
New Jersey Highway Authority, Revenue (Garden State             
Parkway) 6%, 1/1/2019    6,645,000        7,997,856 
 
New Jersey Housing and Mortgage Finance Agency, Revenue:             
Home Buyer             
5.75%, 4/1/2018 (Insured; MBIA)    1,650,000        1,732,549 
Multi-Family Housing:             
5.70%, 5/1/2020 (Insured; FSA)    2,640,000        2,827,678 
5.75%, 5/1/2025 (Insured; FSA)    895,000        942,883 
5.65%, 5/1/2040 (Insured; AMBAC, Guaranteed; FHA)    5,250,000        5,536,020 


New Jersey Transit Corp., Lease Purchase Agreement, COP:             
Federal Transit Administration Grants             
5.75%, 9/15/2014 (Insured; AMBAC)             
(Prerefunded 9/15/2010)    5,000,000    a    5,759,750 
(Raymond Plaza East Inc.)             
6.50%, 10/1/2016 (Insured; FSA)             
(Prerefunded 4/1/2007)    3,945,000    a    4,413,271 
 
New Jersey Transportation Trust Fund Authority             
(Transportation System):             
7%, 6/15/2012 (Insured; MBIA)    3,745,000        4,646,459 
7%, 6/15/2012             
(Insured; MBIA) (Prerefunded 6/15/2012)    2,255,000    a    2,811,151 
7.702%, 6/15/2014    12,750,000    b,c    15,527,715 
5%, 6/15/2016 (Insured; FSA) (Prerefunded 6/15/2009)    10,610,000    a    11,707,392 
10.666%, 12/15/2018    4,500,000    b    6,127,425 
10.666%, 12/15/2019    4,000,000    b    5,446,600 
 
New Jersey Turnpike Authority, Turnpike Revenue:             
6.50%, 1/1/2016 (Insured; FSA)    1,000,000        1,227,330 
6.50%, 1/1/2016    60,000        72,781 
6.50%, 1/1/2016    160,000        194,794 
6.50%, 1/1/2016 (Insured; MBIA)    4,730,000        5,805,271 
6.50%, 1/1/2016 (Insured; MBIA) (Prerefunded 1/1/2016)    17,935,000    a    21,835,145 
5%, 1/1/2019 (Insured; FGIC)    10,000,000        10,750,900 
 
North Hudson Sewer Authority, Sewer Revenue             
5.25%, 8/1/2019 (Insured; FGIC)    1,000,000        1,089,290 
 
North Jersey District Water Supply Commission,             
Sewer Revenue (Wanaque South Project)             
6%, 7/1/2019 (Insured; MBIA)    2,000,000        2,379,080 
 
Ocean County Pollution Control Financing Authority, PCR             
(Ciba Geigy Corp. Project) 6%, 5/1/2020    10,000,000        10,133,400 
 
Port Authority of New York and New Jersey:             
Port, Airport, and Marina Improvements Revenue:             
(Consolidated Bond 119th Series)             
5.50%, 9/15/2016 (Insured; FGIC)    4,650,000        4,912,818 
(Consolidated Bond 121st Series)             
5.375%, 10/15/2035 (Insured; MBIA)    14,950,000        15,813,063 
(Consolidated Bond 124th Series)             
5%, 8/1/2019    1,000,000        1,028,120 
Special Obligation Revenue             
(JFK International Air Terminal)             
6.25%, 12/1/2015 (Insured; MBIA)    5,000,000        5,816,200 
 
Rahway, COP 5.625%, 2/15/2020 (Insured; MBIA)    600,000        669,744 
 
Rahway Redevelopment Agency,             
Public Library Revenue             
5%, 10/15/2022 (Insured; FGIC)    3,580,000        3,790,504 
 
South Jersey Transportation Authority, Transportation             
System Revenue 5%, 11/1/2033    2,500,000        2,572,750 
 
Tobacco Settlement Financing Corp. 7%, 6/1/2041    5,485,000        5,402,396 
 
Union County Improvement Authority, Revenue             
(Correctional Facility Project) 5%, 6/15/2022    3,155,000        3,322,720 


Union County Utilities Authority, Solid Waste             
Revenue (Ogden Martin)             
5.375%, 6/1/2020 (Insured; AMBAC)    4,990,000        5,191,097 
 
University of Medicine and Dentistry             
5.50%, 12/1/2027 (Insured; AMBAC)    15,425,000        16,764,198 
 
West Deptford Township             
5.50%, 9/1/2019 (Insured; FGIC)    1,800,000        2,048,112 
 
West Orange Board of Education, COP             
6%, 10/1/2024 (Insured; MBIA)    500,000        568,515 
 
Western Monmouth Utilities Authority, Sewer Revenue             
5.60%, 2/1/2014 (Insured; AMBAC)    2,190,000        2,261,635 
 
U.S. Related --6.7%             
 
Children's Trust Fund of Puerto Rico, Tobacco             
Settlement Revenue 5.75%, 7/1/2012             
(Prerefunded 7/1/2010)    3,000,000    a    3,431,940 
 
Commonwealth of Puerto Rico             
5.65%, 7/1/2015 (Insured; MBIA)    2,000,000        2,355,340 
 
Puerto Rico Highway and Transportation Authority,             
Transportation Revenue 5.75%, 7/1/2041    17,000,000        18,661,070 
 
Puerto Rico Housing Bank and Finance Agency,             
SFMR (Affordable Housing Mortgage)             
6.25%, 4/1/2029 (Guaranteed; FNMA, GNMA)    270,000        277,868 
 
University of Puerto Rico, University Revenues             
5.375%, 6/1/2030 (Insured; MBIA)    3,450,000        3,542,253 
 
Virgin Islands Public Finance Authority, Revenues,             
Gross Receipts Taxes Loan Note:             
6.375%, 10/1/2019    2,000,000        2,273,920 
6.50%, 10/1/2024    3,000,000        3,430,740 
 
Total Long-Term Municipal Investments             
(cost $440,474,346)            476,894,653 
 
Short-Term Municipal Investments--4.8%             
 
New Jersey:             
 
Gloucester Township Industrial Pollution Control Financing         
Authority, PCR, VRDN (Exxon Mobil Corp.) 1.57%    4,800,000    d    4,800,000 
 
New Jersey Economic Development Authority,             
Revenue, VRDN:             
Economic Development (Foreign Trade Zone Project)         
1.65% (LOC; JPMorgan Chase Bank)    14,775,000    d    14,775,000 
Water Facilities (United Water of New Jersey)             
1.64% (Insured; AMBAC)    3,290,000    d    3,290,000 
 
Rutgers State University, VRDN             
1.58% (SBPA; Landesbank Hessen Thurgen)    1,500,000    d    1,500,000 
 
Total Short-Term Municipal Investments             


(cost $24,365,000)        24,365,000 
TOTAL INVESTMENTS--100.0%         
(cost $464,839,346)    98.8%    501,259,653 
CASH AND RECEIVABLES (NET)    1.2%    6,207,438 
NET ASSETS    100.0%    507,467,091 

  Notes to Statement of Investments:
a Bonds which are prerefunded are collateralized by U.S. Government securities
which are held in escrow and are used to pay principal and interest on the municipal
issue and to retire the bonds in full at the earliest refunding date.
b Inverse floater security-the interest rate is subject to change periodically.
c Securities exempt from registration under Rule 144A of the Securities Act of 1933.
These securities may be resold in transactions exempt from registration,
normally to qualified institutional buyers. These securities have been deemed to
be liquid by the Investment Adviser. At September 30, 2004 these securities
amounted to $21,565,465, 4.2% of net assets.
d Securities payable on demand. Variable rate interest- subject to periodic change.
e Securities valuation policies and other investment related disclosures are hereby
incorporated by reference the annual and semi annual reports previously filed
with the Securities and Exchange Commission on Form N-CSR.

Item 2. Controls and Procedures.

(a) The Registrant's principal executive and principal financial officers have concluded, based on their evaluation of the Registrant's disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the Registrant's disclosure controls and procedures are reasonably designed to ensure that information required to be disclosed by the Registrant on Form N-Q is recorded, processed, summarized and reported within the required time periods and that information required to be disclosed by the Registrant in the reports that it files or submits on Form N-Q is accumulated and communicated to the Registrant's management, including its principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure.

(b) There were no changes to the Registrant's internal control over financial reporting that occurred during the Registrant's most recently ended fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant's internal control over financial reporting.

Item 3. Exhibits.

(a) Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dreyfus Premier New Jersey Municipal Bond Fund, Inc.

By:    /s/Stephen E. Canter 
    Stephen E. Canter 
    President 
 
Date:    November 17, 2004 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

By:    /s/Stephen E. Canter 
    Stephen E. Canter 
    Chief Executive Officer 
 
Date:    November 17, 2004 
 
By:    /s/James Windels 
James Windels
    Chief Financial Officer 
 
Date:    November 17, 2004 

EXHIBIT INDEX

(a) Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940. (EX-99.CERT)