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:     811-21050          

          BlackRock New Jersey Municipal Bond Trust          
(Exact name of registrant as specified in charter)

100 Bellevue Parkway, Wilmington, DE 
19809 
(Address of principal executive offices) 
(Zip code) 

Robert S. Kapito, President
BlackRock New Jersey Municipal Bond Trust
40 East 52nd Street, New York, NY 10022
(Name and address of agent for service)

Registrant's telephone number, including area code:     888-825-2257                                        

Date of fiscal year end:      August 31, 2006
Date of reporting period:   November 30, 2005

Item 1. Schedule of Investments.

The Registrant’s unaudited schedule of investments as of the close of the reporting period pursuant to Rule 30b1-5 under the Investment Company Act of 1940 is as follows:

PORTFOLIO OF INVESTMENTS
NOVEMBER 30, 2005 (Unaudited)

BlackRock New Jersey Municipal Bond Trust (BLJ)

  Principal        
  Amount   Option Call    
Rating1   (000) Description Provisions2    Value
      LONG-TERM INVESTMENTS—152.6%      
        Multi-State—6.3%      
Baa1   $2,000 3 Charter Mac Equity Issuer Trust, Ser. B-2, 7.20%, 10/31/52 10/14 @ 100   $    2,265,340  
        New Jersey—126.7%      
        Econ. Dev. Auth.,      
BBB   2,000       Cigarette Tax Rev., 5.75%, 6/15/34 06/14 @ 100   2,093,500  
B   2,335       Continental Airlines, Inc. Proj., 7.00%, 11/15/30 11/10 @ 101   2,057,906  
BBB-   2,000       Fellowship Vlg. Proj.,, Ser. A, 5.50%, 1/01/25 01/08 @ 102   2,007,940  
NR   150       First Mtg. Lions Gate Proj., Ser. A, 5.75%, 1/01/25 01/13 @ 102   152,697  
NR   265       First Mtg. Lions Gate Proj., Ser. A, 5.875%, 1/01/37 01/13 @ 102   268,456  
Baa3   2,250       Kapkowski Rd. Landfill Proj., 6.50%, 4/01/28 No Opt. Call   2,589,367  
BBB   1,000       Sld. Wst. Rev., Disp. Wst. Mgmt. Proj., Ser. A, 5.30%, 6/01/15 No Opt. Call   1,057,040  
Aaa   1,740       Victoria Hlth. Proj., Ser. A, 5.20%, 12/20/36 12/11 @ 103   1,844,209  
BBB-   2,500       Winchester Proj., Ser. A, 5.80%, 11/01/31 11/14 @ 100   2,592,225  
        Edl. Facs. Auth.,      
BBB-   500       Fairleigh Dickinson Univ. Proj., Ser. C, 5.50%, 7/01/23 07/14 @ 100   519,000  
BBB-   1,000       Fairleigh Dickinson Univ. Proj., Ser. C, 6.00%, 7/01/20 07/14 @ 100   1,073,310  
BBB-   1,000       Fairleigh Dickinson Univ. Proj., Ser. D, 6.00%, 7/01/25 07/13 @ 100   1,060,410  
BBB+   630       Georgian Court Coll. Proj., Ser. C, 6.50%, 7/01/33 07/13 @ 100   698,563  
AAA   750       Montclair St. Univ. Proj., Ser. F, 5.00%, 7/01/32, FGIC 07/15 @ 100   779,475  
AAA   4,000   Garden St. Pres. Trust, Open Space & Farmland Pres. Proj., Ser. B, Zero Coupon, 11/01/27, FSA No Opt. Call   1,403,120  
        Hlth. Care Fac. Fin. Auth.,      
A   2,000       Atlantic City Med. Ctr. Proj., 5.75%, 7/01/25 07/12 @ 100   2,109,380  
A+   2,000       Catholic Hlth. East. Proj., Ser. A, 5.375%, 11/15/33 11/12 @ 100   2,082,740  
A2   2,000 4     Kennedy Hlth. Sys. Proj., 5.625%, 7/01/31 07/11 @ 100   2,104,700  
Baa1   2,500       So. Jersey Hosp. Proj., 6.00%, 7/01/32 07/12 @ 100   2,632,750  
AAA   2,250   Hsg. & Mtg. Fin. Agcy., Multi-Fam. Hsg. Rev., Ser. A, 5.65%, 5/01/40, AMBAC 11/07 @ 101.5   2,311,627  
NR   2,500   Middlesex Cnty. Imprt. Auth., Heldrich Ctr. Hotel Proj., Ser. B, 6.25%, 1/01/37 01/15 @ 100   2,463,225  
        Port Auth. of NY & NJ,      
AAA   1,500       Ser. 125, 5.00%, 4/15/32, FSA 04/12 @ 101   1,559,910  
AAA   2,250       Ser. 126, 5.25%, 5/15/37, FGIC 05/12 @ 101   2,360,317  
Caa2   130   Contl./Eastern LaGuardia Proj.,, 9.125%, 12/01/15 01/06 @ 100   130,333  
BBB   4,000   Tobacco Settlement Fin. Corp., 6.125%, 6/01/42 06/12 @ 100   4,147,520  
AAA   1,000   Univ. of Med. & Dentistry, Ser. A, 5.00%, 12/01/31, AMBAC 12/12 @ 100   1,033,930  
        Vineland, GO,      
AAA   1,000       5.30%, 5/15/29, MBIA 05/10 @ 101   1,048,060  
AAA   1,500       5.375%, 5/15/32, MBIA 05/10 @ 101   1,564,185  
              45,745,895  
        Puerto Rico—19.6%      
A-   2,250   Elec. Pwr. Auth., Ser. 2, 5.25%, 7/01/31 07/12 @ 101   2,328,007  
AAA   2,100 5 Hwy. & Transp. Auth., Ser. D, 5.25%, 7/01/12 N/A   2,284,464  
        Pub. Bldgs. Auth., Gov’t. Facs.,      
A-   1,685 5     Ser. D, 5.25%, 7/01/12 N/A   1,833,010  
BBB   615       Ser. D, 5.25%, 7/01/27 07/12 @ 100   632,165  
              7,077,646  
        Total Long-Term Investments (cost $52,036,908)     55,088,881  

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BlackRock New Jersey Municipal Bond Trust (BLJ) (continued)

  Shares        
  (000) Description     Value
      MONEY MARKET FUND—0.1%      
    50   AIM Tax Free Investment Co. Cash Reserve Portfolio (cost $50,000)     $        50,000  
        Total Investments—152.7% (cost $52,086,9086)     $ 55,138,881  
        Other assets in excess of liabilities—3.3%     1,200,163  
        Preferred shares at redemption value, including dividends payable—(56.0)%     (20,228,102)  
        Net Assets Applicable to Common Shareholders—100%     $ 36,110,942  

1   Using the higher of Standard & Poor’s, Moody’s Investors Service or Fitch Ratings.  
2   Date (month/year) and price of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates.  
3   Security is not registered under the Securities Act of 1933. These securities may be resold in transactions in accordance with Rule 144A under that Act, to qualified institutional buyers. As of November 30, 2005, the Trust held 6.3% of its net assets, with a current market value of $2,265,340, in securities restricted as to resale.  
4   Security, or a portion thereof, pledged as collateral with a value of $315,705 on 50 short U.S. Treasury Note futures contracts expiring December 2005, 36 short U.S. Treasury Note futures contracts expiring March 2006 and 31 short U.S. Treasury Bond futures contracts expiring March 2006. The value of such contracts on November 30, 2005 was $12,816,813, with an unrealized gain of $165,966.  
5   This bond is prerefunded. U.S. government securities, held in escrow, are used to pay interest on this security, as well as retire the bond in full at the date indicated, typically at a premium to par.  
6   Cost for Federal tax purposes is $52,068,748. The net unrealized appreciation on a tax basis is $3,070,133, consisting of $3,226,898 gross unrealized appreciation and $156,765 gross unrealized depreciation. 

KEY TO ABBREVIATIONS

AMBAC   — American Municipal Bond Assurance Corp.   GO   — General Obligation  
FGIC   — Financial Guaranty Insurance Co.   MBIA   — Municipal Bond Insurance Assoc.  
FSA   — Financial Security Assurance  

2

Item 2. Controls and Procedures.

(a) The Registrant's principal executive and principal financial officers have evaluated the Registrant's disclosure controls and procedures within 90 days of this filing and have concluded, as of that date, that the Registrant’s disclosure controls and procedures were reasonably designed to ensure that information required to be disclosed by the Registrant in this Form N-Q was recorded, processed, summarized, and reported within the required time periods and that information to be disclosed by the Registrant in this Form N-Q was accumulated and communicated to the Registrant’s management , including its principle executive and principle financial officers, as appropriate to allow timely decisions regarding required disclosure.

(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 (17 CFR 270.30a -3(d)) 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.

Separate certifications of the Registrant’s principal executive and financial officers pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 are attached as EX-99.CERT.

SIGNATURES

     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.

(Registrant)     BlackRock New Jersey Municipal Bond Trust     

By:     /s/ Henry Gabbay                                                                                                                   
Name: Henry Gabbay
Title: Treasurer and Principal Financial Officer
Date: January 25, 2006

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/ Robert S. Kapito                                                                                                              
Name: Robert S. Kapito
Title: President and Principal Executive Officer
Date: January 25, 2006

By:     /s/ Henry Gabbay                                                                                                                   
Name: Henry Gabbay
Title: Treasurer and Principal Financial Officer
Date: January 25, 2006