N-Q/A 1 final.htm MUNIYIELD NEW JERSEY INSURED njinsured -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing

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 811-07138

Name of Fund: BlackRock MuniYield New Jersey Insured Fund, Inc. (MJI)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: Donald C. Burke, Chief Executive Officer, BlackRock
MuniYield New Jersey Insured Fund, Inc., 800 Scudders Mill Road, Plainsboro, NJ, 08536.
Mailing address: P.O. Box 9011, Princeton, NJ, 08543-9011

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

Date of fiscal year end: 10/31/2008

Date of reporting period: 11/01/2007 – 01/31/2008

Item 1 – Schedule of Investments

BlackRock MuniYield New Jersey Insured Fund, Inc.     
Schedule of Investments as of January 31, 2008 (Unaudited)    (in Thousands) 
 
    Face         
    Amount    Municipal Bonds    Value 
 
 
 
New Jersey - 142.1%    $ 1,000    Delaware River and Bay Authority Revenue Bonds, 5% due 1/01/2033 (e)    $ 1,016 
   
 
 
    1,875    Delaware River Joint Toll Bridge Commission of New Jersey and Pennsylvania, Bridge Revenue     
        Refunding Bonds, 5% due 7/01/2023    1,939 
   
 
 
    1,000    Delaware River Joint Toll Bridge Commission of New Jersey and Pennsylvania, Bridge Revenue     
        Refunding Bonds, 5% due 7/01/2028    1,013 
   
 
 
    5,000    Delaware River Port Authority of Pennsylvania and New Jersey Revenue Bonds, 6% due 1/01/2018 (d)    5,283 
   
 
 
    1,000    Essex County, New Jersey, Improvement Authority, Airport Revenue Refunding Bonds, AMT, 4.75%     
        due 11/01/2032 (e)    951 
   
 
 
    6,925    Garden State Preservation Trust of New Jersey, Capital Appreciation Revenue Bonds, Series B, 5.12%     
        due 11/01/2023 (d)(k)    3,388 
   
 
 
    2,605    Garden State Preservation Trust of New Jersey, Open Space and Farmland Preservation Revenue     
        Bonds, Series A, 5.80% due 11/01/2022 (d)    3,004 
   
 
 
    3,300    Garden State Preservation Trust of New Jersey, Open Space and Farmland Preservation Revenue     
        Bonds, Series A, 5.75% due 11/01/2028 (d)    4,015 
   
 
 
    2,000    Gloucester County, New Jersey, Improvement Authority, Solid Waste Resource Recovery, Revenue     
        Refunding Bonds (Waste Management Inc. Project), Series A, 6.85% due 12/01/2029    2,119 
   
 
 
    750    Hopatcong, New Jersey, GO, Sewer Refunding Bonds, 4.50% due 8/01/2033 (a)    748 
   
 
 
    1,000    Hudson County, New Jersey, COP, Refunding, 6.25% due 12/01/2016 (e)    1,211 
   
 
 
    1,000    Hudson County, New Jersey, Improvement Authority, Capital Appreciation Revenue Bonds,     
        Series A-1, 4.46% due 12/15/2032 (e)(k)    280 
   
 
 
    7,500    Hudson County, New Jersey, Improvement Authority, Facility Lease Revenue Refunding Bonds     
        (Hudson County Lease Project), 5.375% due 10/01/2024 (c)    7,666 
   
 
 
    5,200    Jackson Township, New Jersey, School District, GO, 5% due 4/15/2012 (c)(g)    5,691 
   
 
 
    3,750    Jersey City, New Jersey, Sewer Authority, Sewer Revenue Refunding Bonds, 6.25% due 1/01/2014 (a)    4,204 
   
 
 
    3,000    Middlesex County, New Jersey, COP, Refunding, 5% due 8/01/2022 (e)    3,118 
   
 
 
    3,045    Monmouth County, New Jersey, Improvement Authority, Governmental Loan Revenue Refunding     
        Bonds, 5% due 12/01/2011 (a)(g)    3,327 
   
 
 
    240    Monmouth County, New Jersey, Improvement Authority, Governmental Loan Revenue Refunding     
        Bonds, 5.20% due 12/01/2014 (a)    255 
   
 
 
    765    Monmouth County, New Jersey, Improvement Authority, Governmental Loan Revenue Refunding     
        Bonds, 5.25% due 12/01/2015 (a)    815 
 
 
 

  Portfolio Abbreviations
To simplify the listings of BlackRock MuniYield New Jersey Insured Fund, Inc.'s portfolio holdings in the Schedule of Investments, we have abbreviated
the names of many of the securities according to the list below.

AMT    Alternative Minimum Tax (subject to)    M/F    Multi-Family 
CABS    Capital Appreciation Bonds    RIB    Residual Interest Bonds 
COP    Certificates of Participation    S/F    Single-Family 
EDA    Economic Development Authority    VRDN    Variable Rate Demand Notes 
GO    General Obligation Bonds         

1

BlackRock MuniYield New Jersey Insured Fund, Inc.

Schedule of Investments as of January 31, 2008 (Unaudited)    (in Thousands) 
 
Face         
Amount    Municipal Bonds    Value 
 
 
$ 605    Monmouth County, New Jersey, Improvement Authority, Governmental Loan Revenue Refunding     
    Bonds, 5% due 12/01/2017 (a)    $ 649 
 
 
545    Monmouth County, New Jersey, Improvement Authority, Governmental Loan Revenue Refunding     
    Bonds, 5% due 12/01/2018 (a)    577 
 
 
560    Monmouth County, New Jersey, Improvement Authority, Governmental Loan Revenue Refunding     
    Bonds, 5% due 12/01/2019 (a)    593 
 
 
1,355    Morristown, New Jersey, Parking Authority Revenue Bonds, 4.50% due 8/01/2037 (e)    1,320 
 
 
625    Mount Holly, New Jersey, Municipal Utilities Authority, Sewer Revenue Bonds, Series C, 4.50%     
    due 12/01/2037 (e)    609 
 
 
1,060    New Jersey EDA, Cigarette Tax Revenue Bonds, 5.625% due 6/15/2019    1,065 
 
 
785    New Jersey EDA, Cigarette Tax Revenue Bonds, 5.75% due 6/15/2029    781 
 
 
225    New Jersey EDA, Cigarette Tax Revenue Bonds, 5.50% due 6/15/2031    218 
 
 
465    New Jersey EDA, Cigarette Tax Revenue Bonds, 5.75% due 6/15/2034    463 
 
 
1,000    New Jersey EDA, First Mortgage Revenue Bonds (Fellowship Village Project), Series C, 5.50%     
    due 1/01/2028    1,001 
 
 
1,700    New Jersey EDA, First Mortgage Revenue Refunding Bonds (Fellowship Village), Series A, 5.50%     
    due 1/01/2018    1,724 
 
 
2,325    New Jersey EDA, Motor Vehicle Surcharge Revenue Bonds, Series A, 4.95% due 7/01/2021 (e)(k)    1,245 
 
 
3,900    New Jersey EDA, Motor Vehicle Surcharge Revenue Bonds, Series A, 5% due 7/01/2029 (e)    4,032 
 
 
8,500    New Jersey EDA, Motor Vehicle Surcharge Revenue Bonds, Series A, 5.25% due 7/01/2033 (e)    8,785 
 
 
1,765    New Jersey EDA, Motor Vehicle Surcharge Revenue Bonds, Series A, 5% due 7/01/2034 (e)    1,818 
 
 
1,000    New Jersey EDA, School Facilities Construction Revenue Bonds, Series U, 5% due 9/01/2037 (a)    1,032 
 
 
1,500    New Jersey EDA, School Facilities Construction, Revenue Refunding Bonds, Series K, 5.25%     
    due 12/15/2017 (c)    1,683 
 
 
1,000    New Jersey EDA, Water Facilities Revenue Bonds (New Jersey-American Water Company, Inc.     
    Project), AMT, Series A, 5.25% due 11/01/2032 (a)    1,013 
 
 
5,070    New Jersey EDA, Water Facilities Revenue Bonds (New Jersey-American Water Company, Inc.     
    Project), AMT, Series A, 6.875% due 11/01/2034 (c)    5,156 
 
 
1,000    New Jersey EDA, Water Facilities Revenue Refunding Bonds (United Water of New Jersey, Inc.),     
    Series B, 4.50% due 11/01/2025 (a)    1,013 
 
 
1,125    New Jersey Health Care Facilities Financing Authority Revenue Bonds (Somerset Medical Center),     
    5.50% due 7/01/2033    986 
 
 

2

BlackRock MuniYield New Jersey Insured Fund, Inc.     
Schedule of Investments as of January 31, 2008 (Unaudited)    (in Thousands) 
 
Face         
Amount    Municipal Bonds    Value 
 
 
$ 4,000    New Jersey Health Care Facilities Financing Authority Revenue Bonds (South Jersey Hospital),     
    6% due 7/01/2012 (g)    $ 4,534 
 
 
525    New Jersey Health Care Facilities Financing Authority, Revenue Refunding Bonds (Atlantic City     
    Medical Center), 5.75% due 7/01/2012 (g)    590 
 
 
290    New Jersey Health Care Facilities Financing Authority, Revenue Refunding Bonds (Atlantic City     
    Medical Center), 6.25% due 7/01/2012 (g)    333 
 
 
325    New Jersey Health Care Facilities Financing Authority, Revenue Refunding Bonds (Atlantic City     
    Medical Center), 6.25% due 7/01/2017    352 
 
 
790    New Jersey Health Care Facilities Financing Authority, Revenue Refunding Bonds (Atlantic City     
    Medical Center), 5.75% due 7/01/2025    823 
 
 
2,250    New Jersey Health Care Facilities Financing Authority, Revenue Refunding Bonds (Meridian Health     
    System Obligation Group), 5.25% due 7/01/2019 (d)    2,336 
 
 
1,540    New Jersey Sports and Exposition Authority, Luxury Tax Revenue Refunding Bonds (Convention     
    Center), 5.50% due 3/01/2021 (e)    1,773 
 
 
1,000    New Jersey Sports and Exposition Authority, Luxury Tax Revenue Refunding Bonds (Convention     
    Center), 5.50% due 3/01/2022 (e)    1,152 
 
 
1,100    New Jersey State Educational Facilities Authority Revenue Bonds (Kean University), Series D, 5%     
    due 7/01/2032 (c)    1,112 
 
 
280    New Jersey State Educational Facilities Authority Revenue Bonds (Kean University), Series D, 5%     
    due 7/01/2039 (c)    282 
 
 
1,600    New Jersey State Educational Facilities Authority Revenue Bonds (Montclair State University),     
    Series A, 5% due 7/01/2021 (a)    1,688 
 
 
695    New Jersey State Educational Facilities Authority Revenue Bonds (Richard Stockton College),     
    Series F, 5% due 7/01/2031 (e)    709 
 
 
1,185    New Jersey State Educational Facilities Authority Revenue Bonds (Rowan University),     
    Series C, 5% due 7/01/2014 (e)(g)    1,331 
 
 
1,315    New Jersey State Educational Facilities Authority Revenue Bonds (Rowan University),     
    Series C, 5.125% due 7/01/2014 (e)(g)    1,487 
 
 
3,020    New Jersey State Educational Facilities Authority, Revenue Refunding Bonds (Montclair State     
    University), Series J, 4.25% due 7/01/2030 (e)    2,805 
 
 
3,185    New Jersey State Educational Facilities Authority, Revenue Refunding Bonds (Montclair State     
    University), Series L, 5% due 7/01/2014 (e)(g)    3,578 
 
 
1,250    New Jersey State Educational Facilities Authority, Revenue Refunding Bonds (Ramapo College),     
    Series I, 4.25% due 7/01/2031 (a)    1,189 
 
 
4,240    New Jersey State Educational Facilities Authority, Revenue Refunding Bonds (Ramapo College),     
    Series I, 4.25% due 7/01/2036 (a)    3,993 
 
 
700    New Jersey State Educational Facilities Authority, Revenue Refunding Bonds (Rowan University),     
    Series B, 4.25% due 7/01/2034 (c)    648 
 
 

3

BlackRock MuniYield New Jersey Insured Fund, Inc.     
Schedule of Investments as of January 31, 2008 (Unaudited)    (in Thousands) 
 
Face         
Amount    Municipal Bonds    Value 
 
 
$ 195    New Jersey State Educational Facilities Authority, Revenue Refunding Bonds (Rowan University),     
    Series C, 5% due 7/01/2011 (c)(g)    $ 213 
 
 
360    New Jersey State Educational Facilities Authority, Revenue Refunding Bonds (Rowan University),     
    Series C, 5% due 7/01/2031 (c)    366 
 
 
1,500    New Jersey State Educational Facilities Authority, Revenue Refunding Bonds (Stevens Institute of     
    Technology), Series A, 5% due 7/01/2034    1,404 
 
 
1,725    New Jersey State Educational Facilities Authority, Revenue Refunding Bonds (William Paterson     
    University), Series E, 5% due 7/01/2021 (f)    1,777 
 
 
3,500    New Jersey State, GO, Refunding, Series H, 5.25% due 7/01/2015 (d)    3,985 
 
 
3,565    New Jersey State Higher Education Assistance Authority, Student Loan Revenue Bonds, AMT,     
    Series A, 5.30% due 6/01/2017 (a)    3,602 
 
 
4,425    New Jersey State Housing and Mortgage Finance Agency, Capital Fund Program Revenue Bonds,     
    Series A, 4.70% due 11/01/2025 (d)    4,484 
 
 
1,970    New Jersey State Housing and Mortgage Finance Agency, Capital Fund Program Revenue Bonds,     
    Series A, 5% due 5/01/2027 (d)    2,072 
 
 
2,640    New Jersey State Housing and Mortgage Finance Agency, Home Buyer Revenue Bonds, AMT,     
    Series CC, 5.80% due 10/01/2020 (e)    2,730 
 
 
1,000    New Jersey State Housing and Mortgage Finance Agency, M/F Revenue Bonds, AMT, Series A,     
    4.90% due 11/01/2035 (c)    956 
 
 
500    New Jersey State Housing and Mortgage Finance Agency, S/F Housing Revenue Refunding Bonds,     
    AMT, Series T, 4.70% due 10/01/2037    465 
 
 
4,750    New Jersey State Transportation Trust Fund Authority, Transportation System Revenue Bonds,     
    Series C, 4.83% due 12/15/2032 (d)(k)    1,401 
 
 
2,760    New Jersey State Transportation Trust Fund Authority, Transportation System Revenue Bonds,     
    Series C, 5.05% due 12/15/2035 (a)(k)    658 
 
 
3,240    New Jersey State Transportation Trust Fund Authority, Transportation System Revenue Bonds,     
    Series D, 5% due 6/15/2019 (d)    3,527 
 
 
4,250    New Jersey State Transportation Trust Fund Authority, Transportation System Revenue Refunding     
    Bonds, Series A, 5.25% due 12/15/2020 (d)    4,877 
 
 
3,600    New Jersey State Transportation Trust Fund Authority, Transportation System Revenue Refunding     
    Bonds, Series B, 5.50% due 12/15/2021 (e)    4,166 
 
 
3,005    New Jersey State Turnpike Authority, Turnpike Revenue Bonds, Series B, 5.15% due 1/01/2035 (a)(k)    2,184 
 
 
500    New Jersey State Turnpike Authority, Turnpike Revenue Bonds, VRDN, Series C-1, 2%     
    due 1/01/2024 (d)(h)    500 
 
 
3,600    Newark, New Jersey, Housing Authority, Port Authority-Port Newark Marine Terminal, Additional Rent-     
    Backed Revenue Refunding Bonds (City of Newark Redevelopment Projects), 4.375% due 1/01/2037 (e)    3,460 
 
 
1,710    North Hudson Sewage Authority, New Jersey, Sewer Revenue Refunding Bonds, 5.125%     
    due 8/01/2020 (e)    1,938 
 
 
1,250    Perth Amboy, New Jersey, GO (Convertible CABS), Refunding, 4.75% due 7/01/2035 (d)(k)    1,034 
 
 

4

BlackRock MuniYield New Jersey Insured Fund, Inc.     
Schedule of Investments as of January 31, 2008 (Unaudited)    (in Thousands) 
 
    Face         
    Amount    Municipal Bonds    Value 
 
 
 
$ 1,000    Port Authority of New York and New Jersey, Consolidated Revenue Bonds, 93rd Series, 6.125%     
        due 6/01/2094    $ 1,175 
 
 
 
    1,000    Port Authority of New York and New Jersey, Consolidated Revenue Refunding Bonds, AMT, 138th     
        Series, 4.75% due 12/01/2034 (d)    979 
 
 
 
    5,000    Port Authority of New York and New Jersey, Consolidated Revenue Refunding Bonds, AMT, 146th     
        Series, 4.25% due 12/01/2032 (d)    4,484 
 
 
 
    4,100    Rahway Valley Sewerage Authority, New Jersey, Sewer Revenue Bonds, CABS, Series A, 4.74%     
        due 9/01/2026 (e)(k)    1,628 
 
 
 
    2,350    Rahway Valley Sewerage Authority, New Jersey, Sewer Revenue Bonds, CABS, Series A, 4.36%     
        due 9/01/2033 (e)(k)    631 
 
 
 
    1,250    Salem County, New Jersey, Improvement Authority Revenue Bonds (Finlaw State Office Building     
        Project), 5.375% due 8/15/2028 (d)    1,365 
 
 
 
    700    Salem County, New Jersey, Improvement Authority Revenue Bonds (Finlaw State Office Building     
        Project), 5.25% due 8/15/2038 (d)    748 
 
 
 
    2,200    South Jersey Port Corporation of New Jersey, Revenue Refunding Bonds, 5% due 1/01/2023    2,269 
 
 
 
    1,715    Tobacco Settlement Financing Corporation of New Jersey, Asset-Backed Revenue Bonds, 7%     
        due 6/01/2013 (g)    2,076 
 
 
 
    1,590    Union County, New Jersey, Utilities Authority, Senior Lease Revenue Refunding Bonds (Ogden Martin     
        System of Union, Inc.), AMT, Series A, 5.375% due 6/01/2017 (a)    1,611 
 
 
 
    1,670    Union County, New Jersey, Utilities Authority, Senior Lease Revenue Refunding Bonds (Ogden Martin     
        System of Union, Inc.), AMT, Series A, 5.375% due 6/01/2018 (a)    1,692 
 
 
 
    2,910    University of Medicine and Dentistry of New Jersey, COP, 5% due 6/15/2036 (e)    2,980 
 
 
 
    570    University of Medicine and Dentistry of New Jersey, Revenue Bonds, Series A, 5.50%     
        due 12/01/2018 (a)    624 
 
 
 
    1,145    University of Medicine and Dentistry of New Jersey, Revenue Bonds, Series A, 5.50%     
        due 12/01/2019 (a)    1,253 
 
 
 
    1,130    University of Medicine and Dentistry of New Jersey, Revenue Bonds, Series A, 5.50%     
        due 12/01/2020 (a)    1,236 
 
 
 
    865    University of Medicine and Dentistry of New Jersey, Revenue Bonds, Series A, 5.50%     
        due 12/01/2021 (a)    947 
 
 
 
    320    University of Medicine and Dentistry of New Jersey, Revenue Refunding Bonds, VRDN, Series B,     
        2.78% due 12/01/2032 (a)(h)    320 
 
 
 
Puerto Rico - 12.1%    1,500    Puerto Rico Commonwealth Highway and Transportation Authority, Transportation Revenue     
        Refunding Bonds, Series J, 5% due 7/01/2029 (e)    1,507 
 
 
 
    1,380    Puerto Rico Commonwealth Highway and Transportation Authority, Transportation Revenue     
        Refunding Bonds, Series K, 5% due 7/01/2015 (g)    1,565 
 
 
 
    1,200    Puerto Rico Commonwealth Highway and Transportation Authority, Transportation Revenue     
        Refunding Bonds, Series N, 5.25% due 7/01/2039 (c)    1,226 
 
 
 

5

BlackRock MuniYield New Jersey Insured Fund, Inc.     
Schedule of Investments as of January 31, 2008 (Unaudited)    (in Thousands) 
 
Face         
Amount    Municipal Bonds    Value 
 
 
$ 2,750    Puerto Rico Commonwealth Infrastructure Financing Authority, Special Tax and Capital Appreciation     
    Revenue Bonds, Series A, 4.48% due 7/01/2030 (c)(k)    $ 836 
 
 
2,250    Puerto Rico Commonwealth Infrastructure Financing Authority, Special Tax and Capital Appreciation     
    Revenue Bonds, Series A, 4.34% due 7/01/2037 (a)(k)    458 
 
 
2,100    Puerto Rico Commonwealth, Public Improvement, GO, Refunding, VRDN, Series A-4, 1.95%     
    due 7/01/2031 (d)(h)    2,100 
 
 
2,000    Puerto Rico Electric Power Authority, Power Revenue Bonds, Series RR, 5% due 7/01/2028 (b)    2,022 
 
 
1,000    Puerto Rico Electric Power Authority, Power Revenue Refunding Bonds, Series SS, 5% due 7/01/2025 (e)    1,020 
 
 
2,110    Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities Revenue     
    Bonds (Ascension Health), RIB, Series 377, 9.81% due 11/15/2030 (i)    2,380 
 
 
3,000    Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities Revenue     
    Bonds (University Plaza Project), Series A, 5% due 7/01/2033 (e)    3,007 
 
 
    Total Municipal Bonds (Cost - $196,921) - 154.2%    204,459 
 
 
Shares         
Held    Short-Term Securities     
 
 
90    CMA New Jersey Municipal Money Fund, 2.01% (j)(l)    90 
 
 
    Total Short-Term Securities (Cost - $90) - 0.1%    90 
 
 
    Total Investments (Cost - $197,011*) - 154.3%    204,549 
    Other Assets Less Liabilities - 1.2%    1,557 
    Preferred Stock, at Redemption Value - (55.5%)    (73,530) 
       
    Net Assets Applicable to Common Stock - 100.0%    $ 132,576 
       

*    The cost and unrealized appreciation (depreciation) of investments as of January 31, 2008, 
    as computed for federal income tax purposes, were as follows: 
    Aggregate cost    $ 197,031 
       
    Gross unrealized appreciation    $ 9,527 
    Gross unrealized depreciation    (2,009) 
    Net unrealized appreciation    $ 7,518 
       

6

BlackRock MuniYield New Jersey Insured Fund, Inc.
Schedule of Investments as of January 31, 2008 (Unaudited)(in Thousands)

(a)      AMBAC Insured.
 
(b)      CIFG Insured.
 
(c)      FGIC Insured.
 
(d)      FSA Insured.
 
(e)      MBIA Insured.
 
(f)      XL Capital Insured.
 
(g)      Prerefunded.
 
(h)      Variable rate security. Rate shown is interest rate as of the report date.
 
(i)      The rate disclosed is that currently in effect. This rate changes periodically and inversely based upon prevailing market rates.
 
(j)      Investments in companies considered to be an affiliate of the Fund, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, were as follows:
 
    Net    Dividend 
Affiliate    Activity    Income 
 
 
CMA New Jersey Municipal Money Fund    1    + 
 
 
+ Amount is less than $1,000.         

(k)      Represents a zero coupon bond; the interest rate shown reflects the effective yield at the time of purchase.
 
(l)      Represents the current yield as of January 31, 2008.
 

7

Item 2 – Controls and Procedures

2(a) – The registrant’s principal executive and principal financial officers or persons performing
similar functions have concluded that the registrant’s disclosure controls and procedures (as
defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the
“1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the
evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act
and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.

2(b) – There were no changes in the registrant’s internal control over financial reporting (as
defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal
quarter that have materially affected, or are reasonably likely to materially affect, the
registrant’s internal control over financial reporting.

Item 3 – Exhibits

  Certifications – Attached hereto

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.

BlackRock MuniYield New Jersey Insured Fund, Inc.

By: /s/ Donald C. Burke

  Donald C. Burke
Chief Executive Officer of
BlackRock MuniYield New Jersey Insured Fund, Inc.

  Date: March 24, 2008

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/ Donald C. Burke
Donald C. Burke
Chief Executive Officer (principal executive officer) of
BlackRock MuniYield New Jersey Insured Fund, Inc.

  Date: March 24, 2008

  By: /s/ Neal J. Andrews
Neal J. Andrews
Chief Financial Officer (principal financial officer) of
BlackRock MuniYield New Jersey Insured Fund, Inc.

Date: March 24, 2008