MERRILL LYNCH NEW JERSEY MUNICIPAL BOND FUND, 497, 1996-12-09

MERRILL LYNCH NEW JERSEY MUNICIPAL BOND FUND
497, 1996-12-09

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                 MERRILL LYNCH NEW JERSEY MUNICIPAL BOND FUND
               MERRILL LYNCH MULTI-STATE MUNICIPAL SERIES TRUST

                             ___________________


     Supplement dated December 9, 1996 to the Prospectus  dated November 15,
1996.

     Robert A. DiMella is the Portfolio Manager of the Fund.  Mr. DiMella has
been  an Assistant  Vice President  of Merrill  Lynch Asset  Management, L.P.
("MLAM") since 1995.  From 1993 to 1995 he was an Assistant Portfolio Manager
with  MLAM.    Prior to  that  he  was an  Assistant  Portfolio  Manager with
Prudential  Investment  Advisors  from  1992  to 1993,  and  was  a  Research
Associate with Prudential Investment Corporation from 1989 to 1992.


Code #11104-1196ALL