Sec Form 4 Filing - HEARNE TIMOTHY C @ NEW JERSEY RESOURCES CORP - 2006-08-17

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person HEARNE TIMOTHY C 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. Vice President of Sub (Last) (First) (Middle) C/O NEW JERSEY RESOURCES, 1415 WYCKOFF ROAD 3. Date of Earliest Transaction (MM/DD/YY) 08/17/2006 (Street) WALL, NJ07719 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 08/17/2006 M 5,000 A $ 24.625 22,602.907 D Common Stock 08/17/2006 S 200 D $ 48.79 22,402.907 D Common Stock 08/17/2006 S 400 D $ 48.8 22,002.907 D Common Stock 08/17/2006 S 800 D $ 48.81 21,202.91 D Common Stock 08/17/2006 S 700 D $ 48.82 20,502.907 D Common Stock 08/17/2006 S 500 D $ 48.83 20,002.907 D Common Stock 08/17/2006 S 100 D $ 48.84 19,902.907 D Common Stock 08/17/2006 S 100 D $ 48.85 19,802.907 D Common Stock 08/17/2006 S 300 D $ 48.86 19,502.907 D Common Stock 08/17/2006 S 400 D $ 48.87 19,102.907 D Common Stock 08/17/2006 S 1,500 D $ 48.88 17,602.907 D Common Stock 08/17/2006 M 10,000 A $ 27.333 27,602.907 D Common Stock 08/17/2006 S 900 D $ 48.88 26,702.907 D Common Stock 08/17/2006 S 500 D $ 48.89 26,202.907 D Common Stock 08/17/2006 S 6,900 D $ 48.9 19,302.907 D Common Stock 08/17/2006 S 1,100 D $ 48.91 18,202.907 D Common Stock 08/17/2006 S 500 D $ 48.92 17,702.907 D Common Stock 08/17/2006 S 100 D $ 48.95 17,791.725 ( 1 ) D Common Stock 245.25 ( 2 ) I Cust. for Rel.

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: 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 Stock Option (Right-to-Buy) $ 24.625 ( 3 ) 08/17/2006 M 5,000 ( 4 ) 01/26/2000( 5 ) 01/26/2009 Common Stock 5,000 ( 4 ) $ 24.625 ( 3 ) 0 D Stock Option (Right-to-Buy) $ 27.333 ( 3 ) 08/17/2006 M 10,000 ( 4 ) 11/29/2001( 5 ) 11/29/2010 Common Stock 10,000 ( 4 ) $ 27.333 ( 3 ) 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other HEARNE TIMOTHY C C/O NEW JERSEY RESOURCES 1415 WYCKOFF ROAD WALL, NJ07719 Sr. Vice President of Sub Signatures Rhonda M. Figureoa 08/17/2006 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Total includes shares held in Company ESOP, 401K, Compensation Deferral Plan and reinvested dividends through DRP. ( 2 )Total includes reinvested dividends through DRP. ( 3 )Price reflects change due to 3 for 2 stock split as of 3/1/02. ( 4 )Option shares represent increase due to 3 for 2 split as of 3/1/02. ( 5 )Options are exercisable 25% each year beginning on the first anniversary date, which is listed here.

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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