<PAGE> PAGE 1
000 A000000
000 B000000 10/31/94
000 C000000 890515
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 VAN KAMPEN MERRITT MASSACHUSETTS VALUE MUNICI
001 B000000 811-7088
001 C000000 7086846000
002 A000000 ONE PARKVIEW PLAZA
002 B000000 OAKBROOK TERRACE
002 C000000 IL
002 D010000 60181
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 VAN KAMPEN MERRITT INVESTMENT ADVISORY CORP.
008 B000001 A
008 C000001 801-18161
008 D010001 OAKBROOK TERRACE
008 D020001 IL
008 D030001 60181
010 A000001 VAN KAMPEN MERRITT INC.
010 B000001 8-19412
010 C010001 OAKBROOK TERRACE
010 C020001 IL
010 C030001 60181
011 A000001 VAN KAMPEN MERRITT INC.
011 B000001 8-19412
011 C010001 OAKBROOK TERRACE
011 C020001 IL
011 C030001 60181
012 A000001 BOSTON FINANCIAL DATA SERVICES
012 B000001 85-5003
<PAGE> PAGE 2
012 C010001 QUINCY
012 C020001 MA
012 C030001 02171
013 A000001 KPMG PEAT MARWICK, LLP
013 B010001 CHICAGO
013 B020001 IL
013 B030001 60601
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 QUINCY
015 C020001 MA
015 C030001 02171
015 E010001 X
015 A000002 BANKERS TRUST COMPANY
015 B000002 S
015 C010002 NEW YORK
015 C020002 NY
015 C030002 10015
015 E010002 X
015 A000003 CHEMICAL BANK
015 B000003 S
015 C010003 NEW YORK
015 C020003 NY
015 C030003 10172
015 E010003 X
015 A000004 THE BANK OF NEW YORK
015 B000004 S
015 C010004 NEW YORK
015 C020004 NY
015 C030004 10286
015 E010004 X
015 A000005 MORGAN GUARANTY TRUST CO
015 B000005 S
015 C010005 NEW YORK
015 C020005 NY
015 C030005 10015
015 E010005 X
018 000000 Y
019 A000000 Y
019 B000000 59
019 C000000 VANKAMPENM
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
<PAGE> PAGE 3
021 000000 0
022 A000001 FIRST BOSTON
022 B000001 13-5659485
022 C000001 11787
022 D000001 9385
022 A000002 GOLDMAN SACHS
022 B000002 13-5108880
022 C000002 6700
022 D000002 6700
022 A000003 MERRILL LYNCH
022 B000003 13-5674085
022 C000003 3300
022 D000003 5822
022 A000004 SMITH BARNEY SHEARSON
022 B000004 13-1912900
022 C000004 2938
022 D000004 3186
022 A000005 WILLIAM SIMON
022 B000005 22-3017217
022 C000005 1816
022 D000005 4113
022 A000006 PRUDENTIAL SECURITIES
022 B000006 22-2347336
022 C000006 0
022 D000006 5872
022 A000007 MORGAN STANLEY
022 B000007 13-2655998
022 C000007 4947
022 D000007 0
022 A000008 A H WILLIAMS
022 B000008 13-5108880
022 C000008 3289
022 D000008 963
022 A000009 LEHMAN BROTHERS
022 B000009 13-2518466
022 C000009 1000
022 D000009 2400
022 A000010 GIBRALTAR SECURITIES
022 B000010 22-1843724
022 C000010 979
022 D000010 2045
023 C000000 50341
023 D000000 50272
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
<PAGE> PAGE 4
025 D000008 0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 N
028 A010000 0
028 A020000 0
028 A030000 0
028 A040000 0
028 B010000 0
028 B020000 0
028 B030000 0
028 B040000 0
028 C010000 0
028 C020000 0
028 C030000 0
028 C040000 0
028 D010000 0
028 D020000 0
028 D030000 0
028 D040000 0
028 E010000 0
028 E020000 0
028 E030000 0
028 E040000 0
028 F010000 0
028 F020000 0
028 F030000 0
028 F040000 0
028 G010000 0
028 G020000 0
028 G030000 0
028 G040000 0
028 H000000 0
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
035 000000 0
036 B000000 0
038 000000 0
042 A000000 0
<PAGE> PAGE 5
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.650
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 N
054 I000000 Y
054 J000000 N
054 K000000 N
<PAGE> PAGE 6
054 L000000 N
054 M000000 N
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 1500
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.7
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 94.5
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 20.5
064 A000000 Y
064 B000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 N
070 A020000 N
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 N
<PAGE> PAGE 7
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 29941
071 B000000 32112
071 C000000 57036
071 D000000 53
072 A000000 12
072 B000000 3445
072 C000000 0
072 D000000 0
072 E000000 -53
072 F000000 389
072 G000000 120
072 H000000 0
072 I000000 29
072 J000000 21
072 K000000 0
072 L000000 28
072 M000000 24
072 N000000 0
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 33
072 S000000 19
072 T000000 0
072 U000000 5
072 V000000 0
<PAGE> PAGE 8
072 W000000 114
072 X000000 782
072 Y000000 0
072 Z000000 2610
072AA000000 0
072BB000000 1841
072CC010000 0
072CC020000 6829
072DD010000 1950
072DD020000 0
072EE000000 18
073 A010000 0.7800
073 A020000 0.0000
073 B000000 0.0070
073 C000000 0.0000
074 A000000 765
074 B000000 0
074 C000000 400
074 D000000 54090
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 995
074 M000000 18
074 N000000 56268
074 O000000 742
074 P000000 41
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 143
074 S000000 25000
074 T000000 30342
074 U010000 2500
074 U020000 0
074 V010000 12.14
074 V020000 0.00
074 W000000 0.0000
074 X000000 503
074 Y000000 0
075 A000000 0
075 B000000 59888
076 000000 10.875
077 A000000 Y
077 B000000 Y
078 000000 N
<PAGE> PAGE 9
080 A000000 ICI MUTUAL INSURANCE COMPANY
080 C000000 36475
081 A000000 Y
081 B000000 58
082 A000000 Y
082 B000000 150
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 3
086 A020000 36
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
087 A010000 COMMON
087 A020000 92112R-102
087 A030000 VMV
087 B010000 PREFERRED
087 B020000 92112R-201
087 B030000 N/A
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 Y
SIGNATURE DENNIS J MCDONNELL
TITLE PRES, CEO & TRUSTEE
KPMG Peat Marwick LLP
Peat Markwick Plaza
303 East Wacker Drive
Chicago, IL 60601-9973
The Board of Trustees and Shareholders of
Van Kampen Merritt New Jersey Value Municipal Income Trust:
In planning and performing our audit of the Financial statements of
Van Kampen Merritt New Jersey Value Municipal Income Trust
(the "Fund") for the year ended October 31, 1994, we considered its
internal control structure, including procedures for safeguarding
securities, in order to determine our auditing procedures for the
purpose of expressing our opinion on the financial statements and
to comply with the requirements of Form N-SAR, not to provide
assurance on the internal control structure.
The management of the Fund is responsible for establishing and
maintaining an internal control structure. In fulfilling this
responsibility, estimates and judgments by management are
required to assess the expected benefits and related costs of
internal control structure policies and procedures. Two of the
objectives of an internal control structure are to provide
management with reasonable, but not absolute, assurance that
assets are safeguarded against loss from unauthorized use or
disposition and that transactions are executed in accordance
with management's authorization and recorded properly to
permit the preparation of financial statements in accordance
with generally accepted accounting principles.
Because of inherent limitations in any internal control
structure, errors or irregularities may occur and may not be
detected. Also, projection of any evaluation of the structure
to future periods is subject to the risk that it may become
inadequate because of changes in conditions or that the
effectiveness of the design and operation may deteriorate.
Our consideration of the internal control structure would not
necessarily disclose all matters in the internal control structure
that might be material weaknesses under standards established by
the American Institute of Certified Public Accountants. A material
weakness is a condition in which the design or operation of the
specific internal control structure elements does not reduce to a
relatively low level the risk that errors or irregularities in
amounts that would be material in relation to the financial
statements being audited may occur and not be detected within a
timely period by employees in the normal course of performing
their assigned functions. However, we noted no matters involving
the internal control structure, including procedures for
safeguarding securities, that we consider to be material
weaknesses as defined above as of October 31, 1994.
This report is intended solely for the information and use of
management and the Securities and Exchange Commission.
_______________________________
KMPG Peat Marwick LLP
December 13, 1994
<TABLE> <S> <C>
<ARTICLE> 6
<CAPTION>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1994
<PERIOD-START> NOV-01-1993
<PERIOD-END> OCT-31-1994
<INVESTMENTS-AT-COST> 59009080
<INVESTMENTS-AT-VALUE> 54490021
<RECEIVABLES> 995873
<ASSETS-OTHER> 17905
<OTHER-ITEMS-ASSETS> 764512
<TOTAL-ASSETS> 56268311
<PAYABLE-FOR-SECURITIES> 741705
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 184824
<TOTAL-LIABILITIES> 926529
<SENIOR-EQUITY> 25000000
<PAID-IN-CAPITAL-COMMON> 36545665
<SHARES-COMMON-STOCK> 2499940
<SHARES-COMMON-PRIOR> 2499940
<ACCUMULATED-NII-CURRENT> 155690
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1840514)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (4519059)
<NET-ASSETS> 55341782
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3445334
<OTHER-INCOME> (53653)
<EXPENSES-NET> 782159
<NET-INVESTMENT-INCOME> 2609522
<REALIZED-GAINS-CURRENT> (1840514)
<APPREC-INCREASE-CURRENT> (6828911)
<NET-CHANGE-FROM-OPS> (6059903)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2575511
<DISTRIBUTIONS-OF-GAINS> 21517
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (8656931)
<ACCUMULATED-NII-PRIOR> 121679
<ACCUMULATED-GAINS-PRIOR> 21517
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 389268
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 782159
<AVERAGE-NET-ASSETS> 34888323
<PER-SHARE-NAV-BEGIN> 15.600
<PER-SHARE-NII> 1.044
<PER-SHARE-GAIN-APPREC> (3.468)
<PER-SHARE-DIVIDEND> 1.030
<PER-SHARE-DISTRIBUTIONS> .009
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.137
<EXPENSE-RATIO> 2.24
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
