8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)  February 27, 2008

AMERICAN BANCORP OF NEW JERSEY, INC.

(Exact name of registrant as specified in its charter)

New Jersey	0-51500	55-0897507
(State or other jurisdiction of incorporation or organization)	(Commission file number)	(I.R.S. Employer Identification Number)

365 Broad Street, Bloomfield, New Jersey	07003
(Address of Principal Executive Offices)	(Zip Code)

(973) 748-3600

(Registrant's telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01.   Other Events

On February 27, 2008, the Registrant issued a press release announcing a cash dividend of $0.04 per share to stockholders of record as of March 12, 2008 payable on or about March 26, 2008.  The press release is attached to this report as Exhibit 99, which is incorporated herein by reference.

Item 9.01.   Financial Statements and Exhibits

(d) Exhibits

99            Press release dated February 27, 2008

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	AMERICAN BANCORP OF NEW JERSEY, INC. (Registrant)
Date:  February 28, 2008	/s/ Eric B. Heyer
	Eric B. Heyer
	Senior Vice President and Chief Financial Officer

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EXHIBIT INDEX

Exhibit No.                                            Description

99 Press release dated February 27, 2008

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EX-99

PRESS RELEASE

Contact:             Fred G. Kowal

   President and Chief Operating Officer

 (973) 748-3600

American Bancorp of New Jersey, Inc.

American Bank of New Jersey

365 Broad Street

Bloomfield, NJ  07003-2798

NASDAQ Global Market "ABNJ"                                                           For Immediate Release

 February 27, 2008

AMERICAN BANCORP OF NEW JERSEY, INC.

ANNOUNCES CASH DIVIDEND

Bloomfield, New Jersey – February 27, 2008 – American Bancorp of New Jersey, Inc. (NASDAQ: ABNJ) (the Company), holding company of American Bank of New Jersey (the Bank), announced today that its Board of Directors has declared a quarterly cash dividend of $0.04 per share to stockholders of record as of March 12, 2008 payable on or about March 26, 2008.

The cash dividend is being paid to provide a return to stockholders.  The payment of future dividends will be subject to the Board's periodic review of the financial condition, earnings, and capital requirements of the Company and the Bank.

As of December 31, 2007, the Company had consolidated total assets of $568.7 million and stockholders' equity of $96.5 million. The Bank is a federally chartered stock savings bank which conducts business from its main office in Bloomfield, New Jersey and its branch offices in Cedar Grove, Verona, Nutley and Clifton, New Jersey.

The foregoing material contains forward-looking statements concerning our financial condition, results of operations and business.  We caution that such statements are subject to a number of uncertainties and actual results could differ materially, and, therefore, readers should not place undue reliance on any forward-looking statements.  We do not undertake, and specifically disclaim, any obligation to publicly release the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.