REALMARK PROPERTY INVESTORS LTD PARTNERSHIP II
SC 13D, 2000-06-21
REAL ESTATE INVESTMENT TRUSTS
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13D
                                 (RULE 13d-101)

                  UNDER THE SECURITIES EXCHANGE ACT OF 1934


              REALMARK PROPERTY INVESTORS LIMITED PARTNERSHIP II
------------------------------------------------------------------------------
                                (NAME OF ISSUER)

                      UNITS OF LIMITED PARTNERSHIP INTEREST


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                         (TITLE OF CLASS OF SECURITIES)


                                    755912300
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                                 (CUSIP NUMBER)


                         J. M. JAYSON & COMPANY, INC.
                             2350 NORTH FOREST ROAD
                               GETZVILLE, NY 14068
                                 (716) 636-9090
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                (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
              AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS)


                     JUNE 21, 2000 (EFFECTIVE JULY 1, 2000)
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           (DATE OF EVENT, WHICH REQUIRES FILING OF THIS STATEMENT)


         If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [ ].

                        (Continued on following pages)



<PAGE>

CUSIP No.   755912300
________________________________________________________________________________
1    NAME OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

     J.M. JAYSON & COMPANY, INC. (16-0953999)

________________________________________________________________________________
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                 (a)  [_]
                                                                 (b)  [X]
________________________________________________________________________________
3    SEC USE ONLY

________________________________________________________________________________
4    SOURCE OF FUNDS*

     WC
________________________________________________________________________________
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
     PURSUANT TO ITEMS 2(d) OR 2(e)                                   [_]
                                        N/A
________________________________________________________________________________
6    CITIZENSHIP OR PLACE OF ORGANIZATION

                New York
________________________________________________________________________________
               7    SOLE VOTING POWER

  NUMBER OF         539.5 units of limited partnership interest (5.4%)**

   SHARES      _________________________________________________________________
               8    SHARED VOTING POWER
BENEFICIALLY

  OWNED BY          0 units of limited partnership
               _________________________________________________________________
    EACH       9    SOLE DISPOSITIVE POWER

  REPORTING
                    539.5 units of limited partnership interest (5.4%)**
   PERSON      _________________________________________________________________
               10   SHARED DISPOSITIVE POWER
    WITH

                    0 units of limited partnership
________________________________________________________________________________
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                539.5 units of limited partnership interest (5.4%)**
________________________________________________________________________________
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

                                                                      [X]
________________________________________________________________________________
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                5.4%
________________________________________________________________________________
14   TYPE OF REPORTING PERSON*

                CO
________________________________________________________________________________
                     *SEE INSTRUCTIONS BEFORE FILLING OUT!



**JOSEPH M. JAYSON IS THE BENEFICIAL OWNER OF J. M. JAYSON & COMPANY, INC.


                                       1
<PAGE>

           This Schedule 13D is being filed on behalf of J. M. Jayson & Company,
Inc., a New York corporation with respect to the purchase of Units of Limited
Partnership Interest ("Units"), of Realmark Property Investors Limited
Partnership II, a Delaware limited partnership. ("RPILP II").

ITEM 1.    SECURITY AND ISSUER.

           This statement relates to the RPILP II Units. The principal offices
of RPILP II are located at 2350 North Forest Road, Suite 12A, Getzville, New
York 14068.

ITEM 2.    IDENTITY AND BACKGROUND.

      (a)  This statement is filed by J. M. Jayson & Company, Inc.("JMJ"). Also
           listed herein is the beneficial owner of JMJ, Mr. Joseph M. Jayson
           ("Jayson"), sole shareholder, director, and executive officer of JMJ.

      (b)  The business address of JMJ and Jayson is 2350 North Forest Road,
           Suite 12A, Getzville, NY 14068.

      (c)  The present principal business of JMJ is investing in real estate
           related transactions, including owning and operating real estate.
           Jayson's principal occupation is operating JMJ and other real estate
           companies as their chief executive officer and he is also involved in
           investments in oil and gas development.

      (d)  During the past five years, neither JMJ nor Jayson has been convicted
           in a criminal proceeding (excluding traffic violations or similar
           misdemeanors).

      (e)  During the last five years, neither JMJ nor Jayson was a party to a
           civil proceeding of a judicial or administrative body of competent
           jurisdiction which resulted in a judgment, decree or final order
           enjoining future violations of, or prohibiting or mandating
           activities subject to, federal or state securities laws or finding
           any violation with respect to such laws.

      (f)  Jayson is a citizen of the United States of America and a New York
           resident. JMJ was organized under the laws of the state of New York
           and is in good standing.

ITEM 3.   SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

         The source of funds for all of the transactions is current working
capital of JMJ.

ITEM 4.   PURPOSE OF TRANSACTION.

           The purpose of this transaction is solely for the investment value
associated with the Units.




<PAGE>

           Neither JMJ nor Jayson have any plans or proposals that relate to or
would result in any changes in RPILP II.


ITEM 5.    INTEREST IN SECURITIES OF THE ISSUER.

      (a)  As of July 1, 2000, the effective date for the transfer of Units, JMJ
           is the registered holder of 528.5 Units, which is 5.3% of the total
           Units in RPILP II. Jayson holds 4 Units in an IRA personally, and his
           wife, Judith P. Jayson holds 4 Units in her IRA account. In addition,
           Jayson holds 3 Units with his brother in a separate account.

      (b)  Jayson may be deemed to own beneficially all limited partnership
           Units owned by JMJ by virtue of his ownership of 100% of the
           outstanding voting shares of JMJ.

           Jayson has the sole power to vote or dispose of 528.5 Units (5.3%)
           owned by JMJ. Jayson also has the sole power to vote or dispose of 4
           of the remaining Units. With respect to the 3 Units held with his
           brother, he shares the voting and disposition powers. Mr. Jayson
           disclaims the right to vote or dispose of the balance of the Units,
           which are the 4 Units owned by Mrs. Jayson.

      (c)  Other than described below, there have not been any transactions with
           respect to RPILP II's Units within 60 days prior to the date of this
           Schedule 13D by any of the Reporting Persons referred to herein or at
           any other time thereafter.

           The transaction that has resulted in the filing of this Schedule 13D
           is a purchase of 90 Limited Partnership Units at $200.00 per Unit, in
           a private sale from a Limited Partner who wishes to sell all of their
           interest in RPILP II. The assignment was executed on June 20, 2000
           and becomes effective on July 1, 2000.

      (d)  No other person is known to have the right to receive, or the power
           to direct the receipt of, dividends from or the proceeds from the
           sale of such Units.

      (e)  Not applicable


<PAGE>


ITEM 6.    CONTRACTS,  ARRANGEMENTS,  UNDERSTANDINGS  OR RELATIONSHIPS
           WITH RESPECT TO SECURITIES OF THE ISSUER.

           As of the date hereof, there are no contracts, arrangements,
understandings or relationships (legal or otherwise) among JMJ and Jayson or
between JMJ, Jayson, and any other person with respect to any Units of RPILP II,
except as disclosed above.




<PAGE>


                                    SIGNATURE

           After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.

JUNE 21, 2000


                                          /s/Joseph M. Jayson
                                         ---------------------------------------
                                         Mr. Joseph M. Jayson


                                         J. M. Jayson & Company, Inc.


                                         By: /s/Joseph M. Jayson
                                             -----------------------------------
                                            Name:  Joseph M. Jayson
                                            Title: President and Director




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