NEW JERSEY RESOURCES CORP — Director's Dealing 2010

May 20, 2010

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: NEW JERSEY RESOURCES CORP (NJR)
CIK: 0000356309
Period of Report: 2010-05-14

Reporting Person: Westhoven Stephen D (Senior V.P., Subsidiary)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	18826.756	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Shares	$0	2012-09-30	Common Stock (951)		Direct
Performance Shares	$0	2012-09-30	Common Stock (1303)		Direct
Options (Right-to-Buy)	$30.3667	2015-05-17	Common Stock (5125)		Direct

Footnotes

F1: Represents performance shares granted pursuant to the NJR 2007 Stock Award and Incentive Plan. Performance shares will become vested and non-forfeitable upon certification by the Leadership Development and Compensation Committee that the applicable goals for the 36 month period ending September 30, 2012, have been met.

F2: Represents performance shares granted pursuant to the NJR 2007 Stock Award and Incentive Plan. Performance shares will become vested and non-forfeitable upon certification by the Leadership Development and Compensation Committee that the applicable goals for the 33 month period ending September 30, 2012, have been met.

F3: Options are exercisable 25% each year beginning on the first anniversary date of the grant, which was 5/17/2006.