RP Financial,  LC.
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Financial  Services Industry Consultants

                                                                   June 15, 2005

Board of Directors
American Savings, MHC
ASB Holding Company
American Bancorp of New Jersey, Inc.
American Bank of New Jersey
365 Broad Street
Bloomfield, New Jersey  07003

Members of the Boards of Directors:

         We  hereby  consent  to the  use of our  firm's  name  in the  Form  AC
Application for Conversion,  the Holding Company H-(e)1-S Application and in the
Form S-1  Registration  Statement,  and any  amendments  thereto,  for  American
Bancorp of New Jersey,  Inc. We also hereby consent to the inclusion of, summary
of and  references to our Appraisal in such filings  including the prospectus of
American Bancorp of New Jersey, Inc.


                                                   Sincerely,

                                                   RP FINANCIAL, LC.



                                                   /s/James P. Hennessey


                                                   James P. Hennessey
                                                   Senior Vice President


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