UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    FORM 8-K
                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
                Date of Report (Date of earliest event reported)

                                 August 19, 2008

                      AMERICAN BANCORP OF NEW JERSEY, INC.
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             (Exact name of registrant as specified in its charter)

       New Jersey                       0-51500                  55-0897507
 -------------------------------- ------------------------ ---------------------
 (State or other jurisdiction     (Commission file number)    (I.R.S. Employer
 of incorporation or organization)                        Identification Number)

                 365 Broad Street, Bloomfield, New Jersey 07003
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                    (Address of Principal Executive Offices)


                                 (973) 748-3600
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              (Registrant's telephone number, including area code)

                                       N/A
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          (Former name or former address, if changed since last report)


Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

[  ] Written communications  pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)

[  ] Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17
     CFR 240.14a-12)

[  ] Pre-commencement  communications  pursuant  to Rule  14d-2(b)  under the
     Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement  communications  pursuant  to Rule  13e-4(c)  under the
     Exchange Act (17 CFR 240.13e-4(c))




Item 8.01         Other Events
                  ------------

On August  19,  2008,  American  Bancorp of New  Jersey,  Inc.  (the  "Company")
announced  that its Board of Directors has declared a quarterly cash dividend of
$0.05 per share to stockholders of record as of September 10, 2008 payable on or
about September 24, 2008.

The Company  also  announced  the  completion  of its stock  repurchase  program
announced on January 3, 2008 and the  initiation  of a new program to repurchase
up to an  additional  5% of its  outstanding  shares  in the open  market  or in
privately negotiated  transactions.  These shares will be purchased from time to
time depending upon market conditions.


Item 9.01.        Financial Statements and Exhibits.
                  ----------------------------------


     (a) Not Applicable.

     (b) Not Applicable.

     (c) Not Applicable.

     (d) Exhibits.

      Exhibit No.                    Exhibit
      -----------                    -------
          99                    Press release dated August 20, 2008










                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, hereunto duly authorized.


                                  American Bancorp of New Jersey, Inc.
                                  (Registrant)


DATE: August 22, 2008             By: /s/ Eric B. Heyer
      ---------------                 -----------------------------------------
                                      Eric B. Heyer
                                      Senior Vice President and
                                      Chief Financial Officer