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): January 5, 1994

                           NEW JERSEY RESOURCES CORPORATION
                (Exact name of registrant as specified in its charter)





           New Jersey                    1-8359              22-2376465
           (State or other             (Commission           (IRS Employer
           jurisdiction                File Number)          Identification No.)
           of incorporation)

           1415 Wyckoff Road                                 07719
           Wall, New Jersey                                  (Zip Code)
           (Address of principal
           executive offices)

                                    (908)938-1480
                 (Registrant's telephone number, including area code)











          Item 5. Other Events

          Reference  is  made  to  Note  7  to the  Consolidated  Financial
          Statements - Regulatory  Issues incorporated by reference  in New
          Jersey Resources Corporation's (the "Company") September 30, 1993
          Annual Report on  Form 10-K concerning a) New  Jersey Natural Gas
          Company's ("NJNG") base rate  petition with the New  Jersey Board
          of Regulatory Commissioners (the "BRC") seeking additional annual
          base  revenues  of   approximately  $26.9   million  and  b)   an
          incentive - ratemaking plan petition filed with the BRC.   

          On January 5, 1994 the  BRC approved a stipulated agreement which
          authorizes a $7.5 million base rate increase.  In connection with
          this  agreement,   NJNG  withdrew  its  incentive   -  ratemaking
          petition.  The agreement is effective immediately.

          The $7.5  million base rate  increase includes  an 11.5%  allowed
          return on common equity and a rate base of $492 million.   NJNG's
          filing had requested a  12.5% return on equity  and a rate  base,
          including projected additions to utility plant  through September
          1994, of $541 million.



                                        SIGNATURE
                                        ---------


            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, thereunto duly authorized.

                                         NEW JERSEY RESOURCES CORPORATION
                                         --------------------------------


          Date: January 13, 1994         By: /s/Laurence M. Downes     
                ----------------             --------------------------
                                                Laurence M. Downes
                                                Senior Vice President and
                                                Chief Financial Officer