December 20, 1996
DREYFUS NEW JERSEY MUNICIPAL
BOND FUND, INC.
SUPPLEMENT TO PROSPECTUS
DATED MAY 1, 1996
THE FOLLOWING INFORMATION SUPPLEMENTS OR REPLACES ANY CONTRARY
INFORMATION CONTAINED IN THE FUND'S PROSPECTUS:
Shares acquired by purchase or exchange after February 28, 1997, and
redeemed or exchanged less than 15 days after they are acquired, will be
subject to a redemption fee of 1% of the value of the shares redeemed or
exchanged. The redemption fee will be retained by the Fund and used primarily
to offset the transaction costs that short-term trading imposes on the Fund
and its shareholders. For purposes of calculating the 15-day holding period,
the Fund will employ the "first in, first out" method, which assumes that the
shares redeemed or exchanged are the ones held the longest.
No redemption fee will be charged on the redemption or exchange of
shares (1) through the Fund's Check Redemption Privilege, Automatic
Withdrawal Plan or Dreyfus Auto-Exchange Privilege, (2) through accounts that
are reflected on the records of the Transfer Agent as omnibus accounts
approved by Dreyfus Service Corporation, (3) through accounts established by
securities dealers, banks or other financial institutions approved by Dreyfus
Service Corporation that utilize the National Securities Clearing
Corporation's networking system, or (4) acquired through the reinvestment of
dividends or capital gains distributions. The redemption fee may be waived,
modified or terminated at any time.
750s122096
December 20, 1996
DREYFUS NEW JERSEY MUNICIPAL BOND FUND, INC.
Supplement to Statement of Additional Information
Dated May 1, 1996
The following information supplements the information contained in the
section of the Fund's Statement of Additional Information entitled
"Redemption of Shares":
Redemption Fee. For shares acquired by purchase or exchange after
February 28, 1997, the Fund will deduct a redemption fee equal to 1% of the
net asset value of Fund shares redeemed (including redemptions through the
use of the Fund Exchanges service) less than fifteen days following the
issuance of such shares. The redemption fee will be deducted from the
redemption proceeds and retained by the Fund.
No redemption fee will be charged on the redemption or exchange of
shares (1) through the Fund's Check Redemption Privilege, Automatic
Withdrawal Plan, or Dreyfus Auto-Exchange Privilege, (2) through accounts
that are reflected on the records of the Transfer Agent as omnibus accounts
approved by Dreyfus Service Corporation, (3) through accounts established by
securities dealers, banks or other financial institutions approved by Dreyfus
Service Corporation that utilize the National Securities Clearing
Corporation's networking system, or (4) acquired through the reinvestment of
dividends or capital gains distributions. The redemption fee may be waived,
modified or terminated at any time.
