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 811-07670
Name of Fund: BlackRock New Jersey Investment Quality Municipal Trust, Inc. (RNJ)
Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809
Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock New Jersey Investment Quality Municipal Trust, Inc., 55 East 52nd Street, New York, NY 10055
Registrant’s telephone number, including area code: (800) 882-0052, Option 4
Date of fiscal year end: 07/31/2012
Date of reporting period: 04/30/2012
Item 1 – Schedule of Investments
|
|
|
|
Schedule of Investments April 30, 2012 (Unaudited) |
BlackRock New Jersey Investment Quality Municipal Trust Inc. (RNJ) |
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
Municipal Bonds |
|
Par |
|
Value |
|
||
New Jersey 128.5% |
|
|
|
|
|
|
|
Corporate 11.5% |
|
|
|
|
|
|
|
New Jersey EDA, RB, Continental Airlines |
|
$ |
925 |
|
$ |
928,469 |
|
New Jersey EDA, Refunding RB, AMT: |
|
|
|
|
|
|
|
New Jersey American Water |
|
|
175 |
|
|
192,187 |
|
New Jersey American Water |
|
|
150 |
|
|
167,275 |
|
Salem County Utilities Authority, |
|
|
300 |
|
|
323,835 |
|
|
|
|
|
|
|
1,611,766 |
|
County/City/Special District/School District 20.2% |
|
|
|
|
|
|
|
City of Margate City New Jersey, GO, |
|
|
125 |
|
|
141,571 |
|
City of Perth Amboy New Jersey, GO, |
|
|
100 |
|
|
103,740 |
|
Essex County Improvement Authority, |
|
|
275 |
|
|
312,191 |
|
Essex County Improvement Authority, |
|
|
|
|
|
|
|
5.50%, 10/01/28 |
|
|
300 |
|
|
377,460 |
|
5.50%, 10/01/29 |
|
|
260 |
|
|
327,774 |
|
Hudson County Improvement Authority, |
|
|
|
|
|
|
|
CAB, Series A-1 (NPFGC), 4.53%, |
|
|
1,000 |
|
|
353,420 |
|
Harrison Parking Facility Project, |
|
|
340 |
|
|
374,847 |
|
Middlesex County Improvement |
|
|
200 |
|
|
17,798 |
|
New Jersey EDA, Refunding RB: |
|
|
|
|
|
|
|
5.00%, 6/15/28 |
|
|
95 |
|
|
102,104 |
|
5.00%, 6/15/29 |
|
|
250 |
|
|
267,410 |
|
State of New Jersey, COP, Equipment |
|
|
150 |
|
|
170,254 |
|
Union County Utilities Authority, |
|
|
255 |
|
|
284,649 |
|
|
|
|
|
|
|
2,833,218 |
|
Education 21.8% |
|
|
|
|
|
|
|
New Jersey EDA, RB, School Facilities |
|
|
|
|
|
|
|
Series CC-2, 5.00%, 12/15/31 |
|
|
200 |
|
|
220,752 |
|
Series CC-2, 5.00%, 12/15/32 |
|
|
200 |
|
|
219,860 |
|
Series S, 5.00%, 9/01/36 |
|
|
200 |
|
|
210,646 |
|
|
|
|
|
|
|
|
|
Municipal Bonds |
|
Par |
|
Value |
|
||
New Jersey (continued) |
|
|
|
|
|
|
|
Education (concluded) |
|
|
|
|
|
|
|
New Jersey EDA, Refunding RB, School |
|
$ |
255 |
|
$ |
291,781 |
|
New Jersey Educational Facilities |
|
|
|
|
|
|
|
Montclair State University, |
|
|
100 |
|
|
108,245 |
|
Refunding Kean University, |
|
|
240 |
|
|
266,220 |
|
New Jersey Educational Facilities |
|
|
|
|
|
|
|
Georgian Court University, |
|
|
100 |
|
|
104,101 |
|
New Jersey Institute of |
|
|
80 |
|
|
87,270 |
|
Rowan University, Series B (AGC), |
|
|
255 |
|
|
284,356 |
|
University of Medicine & |
|
|
175 |
|
|
212,221 |
|
New Jersey Higher Education Assistance |
|
|
|
|
|
|
|
5.00%, 12/01/25 |
|
|
65 |
|
|
70,244 |
|
5.00%, 12/01/26 |
|
|
50 |
|
|
53,760 |
|
5.13%, 12/01/27 |
|
|
200 |
|
|
217,618 |
|
5.25%, 12/01/32 |
|
|
300 |
|
|
324,318 |
|
New Jersey Higher Education Student |
|
|
240 |
|
|
265,109 |
|
New Jersey Institute of Technology, |
|
|
100 |
|
|
110,305 |
|
|
|
|
|
|
|
3,046,806 |
|
Health 16.2% |
|
|
|
|
|
|
|
New Jersey EDA, RB: |
|
|
|
|
|
|
|
First Mortgage, Lions Gate Project, |
|
|
60 |
|
|
59,147 |
|
First Mortgage, Lions gate Project, |
|
|
110 |
|
|
104,702 |
|
New Jersey EDA, Refunding RB: |
|
|
|
|
|
|
|
First Mortgage, Winchester, |
|
|
500 |
|
|
510,525 |
|
Seabrook Village Inc. Facility, |
|
|
140 |
|
|
138,316 |
|
New Jersey Health Care Facilities |
|
|
|
|
|
|
|
AHS Hospital Corp., 6.00%, |
|
|
230 |
|
|
269,242 |
|
Hospital Asset Transformation |
|
|
250 |
|
|
267,385 |
|
Meridian Health, Series I (AGC), |
|
|
100 |
|
|
104,968 |
|
|
|
|
|
|
|
|
|
|
BLACKROCK NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC. |
APRIL 30, 2012 |
1 |
|
|
|
|
Schedule of Investments (continued) |
BlackRock New Jersey Investment Quality Municipal Trust Inc. (RNJ) |
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
Municipal Bonds |
|
Par |
|
Value |
|
||
New Jersey (continued) |
|
|
|
|
|
|
|
Health (concluded) |
|
|
|
|
|
|
|
New Jersey Health Care Facilities |
|
|
|
|
|
|
|
Virtua Health (AGC), 5.50%, |
|
$ |
150 |
|
$ |
163,311 |
|
New Jersey Health Care Facilities |
|
|
|
|
|
|
|
Barnabas Health, Series A, |
|
|
70 |
|
|
74,989 |
|
Barnabas Health, Series A, |
|
|
190 |
|
|
200,781 |
|
Meridian Health System |
|
|
115 |
|
|
125,934 |
|
St. Barnabas Health Care |
|
|
250 |
|
|
253,515 |
|
|
|
|
|
|
|
2,272,815 |
|
Housing 9.5% |
|
|
|
|
|
|
|
New Jersey State Housing & Mortgage |
|
|
|
|
|
|
|
S/F Housing, Series X, AMT, |
|
|
375 |
|
|
387,975 |
|
S/F Housing, Series X, AMT, |
|
|
200 |
|
|
216,202 |
|
S/F Housing, Series CC, |
|
|
205 |
|
|
214,879 |
|
Series A, 4.75%, 11/01/29 |
|
|
140 |
|
|
147,304 |
|
Series AA, 6.38%, 10/01/28 |
|
|
215 |
|
|
236,317 |
|
Series AA, 6.50%, 10/01/38 |
|
|
115 |
|
|
123,386 |
|
|
|
|
|
|
|
1,326,063 |
|
State 27.4% |
|
|
|
|
|
|
|
New Jersey EDA, RB: |
|
|
|
|
|
|
|
Kapkowski Road Landfill |
|
|
250 |
|
|
283,450 |
|
Motor Vehicle Surcharge, Series A |
|
|
300 |
|
|
356,901 |
|
Motor Vehicle Surcharge, Series A |
|
|
570 |
|
|
677,827 |
|
School Facilities Construction, |
|
|
400 |
|
|
430,516 |
|
School Facilities Construction, |
|
|
500 |
|
|
557,400 |
|
School Facilities Construction, |
|
|
300 |
|
|
343,992 |
|
New Jersey EDA, Refunding RB: |
|
|
|
|
|
|
|
School Facilities Construction, |
|
|
200 |
|
|
224,888 |
|
School Facilities Construction, |
|
|
440 |
|
|
503,466 |
|
School Facilities Construction, |
|
|
100 |
|
|
123,728 |
|
|
|
|
|
|
|
|
|
Municipal Bonds |
|
Par |
|
Value |
|
||
New Jersey (concluded) |
|
|
|
|
|
|
|
State (concluded) |
|
|
|
|
|
|
|
State of New
Jersey, COP, Equipment |
|
|
|
|
|
|
|
5.25%, 6/15/27 |
|
$ |
200 |
|
$ |
222,708 |
|
5.25%, 6/15/28 |
|
|
100 |
|
|
110,615 |
|
|
|
|
|
|
|
3,835,491 |
|
Transportation 21.9% |
|
|
|
|
|
|
|
Delaware River Port Authority, RB, |
|
|
95 |
|
|
101,995 |
|
New Jersey State Turnpike Authority, RB, |
|
|
215 |
|
|
237,063 |
|
New Jersey State Turnpike Authority, |
|
|
|
|
|
|
|
6.50%, 1/01/16 |
|
|
160 |
|
|
189,651 |
|
6.50%, 1/01/16 (f) |
|
|
180 |
|
|
200,040 |
|
New Jersey Transportation Trust Fund |
|
|
|
|
|
|
|
6.00%, 12/15/38 |
|
|
100 |
|
|
114,855 |
|
Series A, 6.00%, 6/15/35 |
|
|
500 |
|
|
602,105 |
|
Series A, 5.88%, 12/15/38 |
|
|
175 |
|
|
199,490 |
|
Series A (AGC), 5.63%, 12/15/28 |
|
|
100 |
|
|
115,662 |
|
Series B, 5.25%, 6/15/36 |
|
|
300 |
|
|
335,226 |
|
Port Authority of New York & New
Jersey, |
|
|
170 |
|
|
188,421 |
|
Port Authority of New York & New
Jersey, |
|
|
250 |
|
|
288,620 |
|
South Jersey Transportation Authority, |
|
|
490 |
|
|
497,933 |
|
|
|
|
|
|
|
3,071,061 |
|
Total Municipal Bonds in New Jersey |
|
|
|
|
|
17,997,220 |
|
|
|
|
|
|
|
|
|
Puerto Rico 8.7% |
|
|
|
|
|
|
|
State 6.6% |
|
|
|
|
|
|
|
Puerto Rico Sales Tax Financing Corp., |
|
|
|
|
|
|
|
5.75%, 8/01/37 |
|
|
365 |
|
|
403,635 |
|
6.00%, 8/01/42 |
|
|
250 |
|
|
282,030 |
|
Puerto Rico Sales Tax Financing Corp., |
|
|
205 |
|
|
234,338 |
|
|
|
|
|
|
|
920,003 |
|
Transportation 2.1% |
|
|
|
|
|
|
|
Puerto Rico Highway & Transportation |
|
|
250 |
|
|
290,307 |
|
Total Municipal Bonds in Puerto Rico |
|
|
|
|
|
1,210,310 |
|
|
|
|
|
|
|
19,207,530 |
|
|
|
|
|
|
|
|
|
|
|
BLACKROCK NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC. |
APRIL 30, 2012 |
2 |
|
|
|
|
Schedule of Investments (continued) |
BlackRock New Jersey Investment Quality Municipal Trust Inc. (RNJ) |
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
Municipal
Bonds Transferred to |
|
Par |
|
Value |
|
||
New Jersey 12.9% |
|
|
|
|
|
|
|
County/City/Special District/School District 5.1% |
|
|
|
|
|
|
|
Union County Utilities Authority, |
|
$ |
670 |
|
$ |
722,823 |
|
Education 4.0% |
|
|
|
|
|
|
|
State University of New Jersey, |
|
|
510 |
|
|
556,871 |
|
Transportation 3.8% |
|
|
|
|
|
|
|
Port Authority of New York & New
Jersey, |
|
|
|
|
|
|
|
Consolidated, 106th Series, |
|
|
255 |
|
|
271,440 |
|
Consolidated, 152nd Series, |
|
|
240 |
|
|
259,642 |
|
|
|
|
|
|
|
531,082 |
|
Total Municipal Bonds in New Jersey |
|
|
|
|
|
1,810,776 |
|
|
|
|
|
|
|
|
|
Puerto Rico 1.1% |
|
|
|
|
|
|
|
State 1.1% |
|
|
|
|
|
|
|
Puerto Rico Sales Tax Financing Corp., |
|
|
140 |
|
|
153,188 |
|
Total Municipal Bonds Transferred to |
|
|
|
|
|
1,963,964 |
|
Total Long-Term Investments |
|
|
|
|
|
21,171,494 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Short-Term Securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Money Market Funds 4.8% |
|
|
|
|
|
|
|
BIF New Jersey Municipal Money |
|
|
673,830 |
|
|
673,830 |
|
Total Short-Term Securities |
|
|
|
|
|
673,830 |
|
Total Investments (Cost - $20,495,445*) 156.0% |
|
|
|
|
|
21,845,324 |
|
Other Assets Less Liabilities 0.9% |
|
|
|
|
|
132,330 |
|
Liability for TOB Trust Certificates,
Including Interest |
|
|
|
|
|
(1,075,107 |
) |
AMPS, at Redemption Value (49.2)% |
|
|
|
|
|
(6,900,432 |
) |
Net Assets Applicable to Common Shares 100.0% |
|
|
|
|
$ |
14,002,115 |
|
|
|
* |
As of April 30, 2012, gross unrealized appreciation and gross unrealized depreciation based on cost for federal income tax purposes were as follows: |
|
|
|
|
|
Aggregate cost |
|
$ |
19,429,557 |
|
Gross unrealized appreciation |
|
$ |
1,580,435 |
|
Gross unrealized depreciation |
|
|
(239,330 |
) |
Net unrealized appreciation |
|
$ |
1,341,105 |
|
|
|
(a) |
Variable rate security. Rate shown is as of report date. |
|
|
(b) |
Represents a step-up bond that pays an initial coupon rate for the first period and then a higher coupon rate for the following periods. Rate shown is as of report date. |
|
|
(c) |
Represents a zero-coupon bond. Rate shown reflects the current yield as of report date. |
|
|
(d) |
Issuer filed for bankruptcy and/or is in default of interest payments. |
|
|
(e) |
Non-income producing security. |
|
|
(f) |
Security is collateralized by Municipal or US Treasury obligations. |
|
|
(g) |
Securities represent bonds transferred to a TOB in exchange for which the Trust acquired residual interest certificates. These securities serve as collateral in a financing transaction. |
|
|
(h) |
Investments in companies considered to be an affiliate of the Trust during the period, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Affiliate |
|
|
|
Net |
|
Shares |
|
Income |
|
||||
|
|||||||||||||
BIF New
Jersey |
|
|
209,983 |
|
|
463,847 |
|
|
673,830 |
|
$ |
24 |
|
|
|
(i) |
Represents the current yield as of report date. |
|
Portfolio Abbreviations |
To simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many of the securities have been abbreviated according to the following list:
|
|
|
AGC |
|
Assured Guaranty Corp. |
AGM |
|
Assured Guaranty Municipal Corp. |
AMBAC |
|
American Municipal Bond Assurance Corp. |
AMT |
|
Alternative Minimum Tax (subject to) |
CAB |
|
Capital Appreciation Bonds |
COP |
|
Certificates of Participation |
EDA |
|
Economic Development Authority |
GO |
|
General Obligation Bonds |
NPFGC |
|
National Public Finance Guarantee Corp. |
RB |
|
Revenue Bonds |
S/F |
|
Single-Family |
|
|
|
|
|
|
|
|
|
BLACKROCK NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC. |
APRIL 30, 2012 |
3 |
|
|
|
|
Schedule of Investments (concluded) |
BlackRock New Jersey Investment Quality Municipal Trust Inc. (RNJ) |
|
|
|
For Trust compliance purposes, the Trusts sector classifications refer to any one or more of the sector sub-classifications used by one or more widely recognized market indexes or rating group indexes and/or as defined by Trust management. These definitions may not apply for purposes of this report, which may combine such sector sub-classifications for reporting ease. |
|
|
|
Financial futures contracts sold as of April 30, 2012 were as follows: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Contracts |
|
Issue |
|
Exchange |
|
Expiration |
|
Notional |
|
Unrealized |
|
||
15 |
|
10-Year US |
|
Chicago |
|
June 2012 |
|
$ |
1,984,219 |
|
$ |
(22,294 |
) |
|
|
|
|
Fair Value Measurements - Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting purposes as follows: |
|
|
|
|
|
|
Level 1 unadjusted price quotations in active markets/exchanges for identical assets and liabilities |
|
|
|
|
|
Level 2 other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market- corroborated inputs) |
|
|
|
|
|
Level 3 unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Trusts own assumptions used in determining the fair value of investments and derivative financial instruments) |
Changes in valuation techniques may result in transfers into or out of an assigned level within the disclosure hierarchy. In accordance with the Trusts policy, transfers between different levels of the fair value disclosure hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investment and derivative financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trusts policy regarding valuation of investments and derivative financial instruments and other significant accounting policies, please refer to the Trusts most recent financial statements as contained in its semi-annual report.
The following tables summarize the inputs used as of April 30, 2012 in determining the fair valuation of the Trusts investments and derivative financial instruments:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Valuation Inputs |
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
|
||||
Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-Term |
|
|
|
|
$ |
21,171,494 |
|
|
|
|
$ |
21,171,494 |
|
Short-Term |
|
$ |
673,830 |
|
|
|
|
|
|
|
|
673,830 |
|
Total |
|
$ |
673,830 |
|
$ |
21,171,494 |
|
|
|
|
$ |
21,845,324 |
|
|
|
1 |
See above Schedule of Investments for values in each sector. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Valuation Inputs |
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
|
||||
Derivative Financial |
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest rate |
|
$ |
(22,294) |
|
|
|
|
|
|
|
$ |
(22,294 |
) |
|
|
2 |
Derivative financial instruments are financial futures contracts, which are valued at the unrealized appreciation/depreciation on the instrument. |
Certain of the Trusts assets and liabilities are held at carrying amount which approximates fair value. Such assets and liabilities are categorized within the disclosure hierarchy as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Valuation Inputs |
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
|
||||
Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash pledged
as |
|
$ |
20,000 |
|
|
|
|
|
|
|
$ |
20,000 |
|
Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Bank |
|
|
(95,250 |
) |
|
|
|
|
|
|
|
(95,250 |
) |
TOB trust |
|
|
|
|
$ |
(1,074,662 |
) |
|
|
|
|
(1,074,662 |
) |
Total |
|
$ |
(75,250 |
) |
$ |
(1,074,662 |
) |
|
|
|
$ |
(1,149,912 |
) |
There were no transfers between levels during the period ended April 30, 2012.
|
|
|
|
|
|
|
|
|
BLACKROCK NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC. |
APRIL 30, 2012 |
4 |
Item 2 – |
Controls and Procedures |
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|
|
||
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. |
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|
|
||
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 New Jersey Investment Quality Municipal Trust, Inc. |
||
|
|
||
By: | /s/ John M. Perlowski | ||
John M. Perlowski | |||
Chief Executive Officer (principal executive officer) of | |||
BlackRock New Jersey Investment Quality Municipal Trust, Inc. | |||
Date: June 22, 2012 | |||
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/ John M. Perlowski | ||
John M. Perlowski | |||
Chief Executive Officer (principal executive officer) of | |||
BlackRock New Jersey Investment Quality Municipal Trust, Inc. | |||
Date: June 22, 2012 | |||
By: | /s/ Neal J. Andrews | ||
Neal J. Andrews | |||
Chief Financial Officer (principal financial officer) of | |||
BlackRock New Jersey Investment Quality Municipal Trust, Inc. | |||
Date: June 22, 2012 |
EX-99. CERT
CERTIFICATION PURSUANT TO RULE 30a-2(a) UNDER THE 1940 ACT AND SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
I, John M. Perlowski, Chief Executive Officer (principal executive officer) of BlackRock New Jersey Investment Quality Municipal Trust, Inc., certify that:
1. I have reviewed this report on Form N-Q of BlackRock New Jersey Investment Quality Municipal Trust, Inc.;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;
4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and
d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5. The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and
b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
Date: June 22, 2012
/s/ John M. Perlowski |
John M. Perlowski
Chief Executive Officer (principal executive officer) of
BlackRock New Jersey Investment Quality Municipal Trust, Inc.
EX-99. CERT
CERTIFICATION PURSUANT TO RULE 30a-2(a) UNDER THE 1940 ACT AND SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
I, Neal J. Andrews, Chief Financial Officer (principal financial officer) of BlackRock New Jersey Investment Quality Municipal Trust, Inc., certify that:
1. I have reviewed this report on Form N-Q of BlackRock New Jersey Investment Quality Municipal Trust, Inc.;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;
4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and
d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5. The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and
b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
Date: June 22, 2012
/s/ Neal J. Andrews |
Neal J. Andrews
Chief Financial Officer (principal financial officer) of
BlackRock New Jersey Investment Quality Municipal Trust, Inc.