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Exhibit 14(b)
INDEPENDENT AUDITOR'S CONSENT
We consent to the use in Pre-Effective Amendment No. 1 to Registration Statement
No. 333-47766 on Form N-14 of MuniHoldings New Jersey Insured Fund, Inc. of our
report dated July 5, 2000 appearing in the Annual Report of MuniHoldings New
Jersey Insured Fund IV, Inc. for the period July 23, 1999 (commencement of
operations) to May 31, 2000, and to the references to us under the captions
"COMPARISON OF THE FUNDS-Financial Highlights" and "EXPERTS" appearing in the
Joint Proxy Statement and Prospectus, which is a part of this Registration
Statement.
/s/ Deloitte & Touche LLP
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Princeton, New Jersey
November 9, 2000
