Nuveen New Jersey Dividend Advantage Municipal Fund

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q


QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number         811-09455         

        Nuveen New Jersey Dividend Advantage Municipal Fund         
(Exact name of registrant as specified in charter)


        333 West Wacker Drive, Chicago, Illinois 60606         

(Address of principal executive offices) (Zip code)


Jessica R. Droeger—Vice President and Secretary
        333 West Wacker Drive, Chicago, Illinois 60606         

(Name and address of agent for service)

Registrant's telephone number, including area code:         312-917-7700        

Date of fiscal year end:            06/30          

Date of reporting period:          03/31/05         

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1. Schedule of Investments

Portfolio of Investments (Unaudited)
Nuveen New Jersey Dividend Advantage Municipal Fund (NXJ)
March 31, 2005


Principal

Optional Call

Market

Amount (000)

Description(1)

Provisions*

Ratings**

Value

  

Consumer Discretionary - 0.3% (0.1% of Total Investments)

 

Middlesex County Improvement Authority, New Jersey, Senior Revenue Bonds, Heldrich Center

Hotel/Conference Project, Series 2005A:

$

130

   5.000%, 1/01/32 (WI, settling 4/04/05)

1/15 at 100.00

Baa3

$    127,009

130

   5.125%, 1/01/37 (WI, settling 4/04/05)

1/15 at 100.00

Baa3

126,746


Consumer Staples - 4.4% (3.0% of Total Investments)

 

970

Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series

6/12 at 100.00

BBB

966,605

   2002, 5.750%, 6/01/32

 

Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series

2003:

2,240

   6.125%, 6/01/24

6/13 at 100.00

BBB

2,275,706

1,125

   6.375%, 6/01/32

6/13 at 100.00

BBB

1,154,363


Education and Civic Organizations - 18.7% (12.8% of Total Investments)

 

1,500

New Jersey Educational Facilities Authority, Revenue Bonds, Rowan College, Series 2001C, 5.000%,

7/11 at 101.00

AAA

1,543,515

   7/01/31 - FGIC Insured

 

200

New Jersey Educational Facilities Authority, Revenue Refunding Bonds, Seton Hall University

7/11 at 100.00

AAA

215,930

   Project, Series 2001A, 5.250%, 7/01/16 - AMBAC Insured

 

New Jersey Educational Facilities Authority, Revenue Refunding Bonds, Seton Hall University

Project, Series 2001G:

3,820

   4.875%, 7/01/21 - AMBAC Insured

7/11 at 100.00

AAA

3,921,115

1,600

   5.000%, 7/01/26 - AMBAC Insured

7/11 at 100.00

AAA

1,647,888

 

1,000

New Jersey Educational Facilities Authority, Revenue Bonds, New Jersey Institute of Technology,

7/11 at 100.00

AAA

1,077,340

   Series 2001G, 5.250%, 7/01/18 - MBIA Insured

 

300

New Jersey Educational Facilities Authority, Revenue Refunding Bonds, Rider University, Series

7/12 at 100.00

AA

311,901

   2002A, 5.000%, 7/01/17 - RAAI Insured

 

750

New Jersey Educational Facilities Authority, Revenue Bonds, Montclair State University, Series

7/14 at 100.00

AAA

798,825

   2004L, 5.125%, 7/01/21 - MBIA Insured

 

630

New Jersey Educational Facilities Authority, Revenue Bonds, William Paterson University, Series

7/14 at 100.00

AAA

674,995

   2004A, 5.125%, 7/01/19 - FGIC Insured

 

1,000

New Jersey Educational Facilities Authority, Revenue Bonds, New Jersey Institute of Technology,

1/14 at 100.00

AAA

1,051,650

   Series 2004B, 5.000%, 7/01/21 - AMBAC Insured

 

250

New Jersey Educational Facilities Authority, Revenue Bonds, Fairleigh Dickinson University, Series

7/14 at 100.00

N/R

261,123

   2004C, 5.500%, 7/01/23

 

New Jersey Educational Facilities Authority, Revenue Bonds, Rowan University, Series 2004C:

1,255

   5.000%, 7/01/12 - MBIA Insured

No Opt. Call

AAA

1,358,261

625

   5.000%, 7/01/24 - MBIA Insured

7/14 at 100.00

AAA

652,963

 

Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities

Financing Authority, Higher Education Revenue Bonds, University of the Sacred Heart, Series 2001:

2,000

   5.250%, 9/01/21

9/11 at 100.00

BBB

2,063,600

500

   5.250%, 9/01/31

9/11 at 100.00

BBB

510,620

 

500

Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities

12/12 at 101.00

BBB

523,460

Financing Authority, Higher Education Revenue Refunding Bonds, Ana G. Mendez University System,

   Series 2002, 5.500%, 12/01/31

 

1,905

University of Puerto Rico, University System Revenue Bonds, Series 1995M, 5.250%, 6/01/25 - MBIA

6/05 at 101.50

AAA

1,939,728

   Insured


Energy - 1.1% (0.8% of Total Investments)

 

1,000

Virgin Islands Government Refinery Facilities, Senior Secured Revenue Bonds, Hovensa LLC Coker

1/13 at 100.00

BBB-

1,093,290

   Project, Series 2002, 6.500%, 7/01/21 (Alternative Minimum Tax)


Financials - 0.3% (0.1% of Total Investments)

 

250

New Jersey Economic Development Authority, Industrial Development Revenue Refunding Bonds, Newark

4/06 at 102.00

Ba3

261,320

   Airport Marriott Hotel, Series 1996, 7.000%, 10/01/14


Healthcare - 18.3% (12.5% of Total Investments)

 

310

Camden County Improvement Authority, New Jersey, Revenue Bonds, Cooper Health System, Series 2004A,

8/14 at 100.00

BBB

320,732

   5.750%, 2/15/34

 

3,500

New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Kennedy Health System, Series

7/11 at 100.00

A2

3,695,580

   2001, 5.625%, 7/01/31

 

1,350

New Jersey Health Care Facilities Financing Authority, Revenue Bonds, South Jersey Hospital System,

7/12 at 100.00

Baa1

1,434,037

   Series 2002, 5.875%, 7/01/21

 

1,000

New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Somerset Medical Center,

7/13 at 100.00

Baa3

978,170

   Series 2003, 5.500%, 7/01/33

 

500

New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Trinitas Hospital Obligated

7/10 at 101.00

BBB-

558,565

   Group, Series 2000, 7.500%, 7/01/30

 

New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Robert Wood Johnson

   University Hospital, Series 2000:

750

   5.750%, 7/01/25

7/10 at 100.00

A

809,003

5,000

   5.750%, 7/01/31

7/10 at 100.00

A

5,322,600

 

1,500

New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Virtua Health System, Series

1/09 at 101.00

AAA

1,608,150

   1998, 5.250%, 7/01/10 - FSA Insured

 

2,500

New Jersey Health Care Facilities Financing Authority, Revenue Refunding Bonds, Burdette Tomlin

7/09 at 101.00

A2

2,579,575

   Memorial Hospital, Series 1999, 5.500%, 7/01/29

 

845

New Jersey Health Care Facilities Financing Authority, Revenue Bonds, St. Clare's Hospital, Series

7/14 at 100.00

AA

889,844

   2004A, 5.250%, 7/01/20 - RAAI Insured


Long-Term Care - 1.7% (1.2% of Total Investments)

 

New Jersey Economic Development Authority, Revenue Bonds, Masonic Charity Foundation of New Jersey,

Series 2001:

1,000

   6.000%, 6/01/25

6/11 at 102.00

A+

1,105,110

335

   5.500%, 6/01/31

6/11 at 102.00

A+

354,959

 

250

New Jersey Economic Development Authority, First Mortgage Revenue Bonds, Winchester Gardens at

11/14 at 100.00

N/R

255,310

   Wards Homestead, Series 2004A, 5.800%, 11/01/31


Tax Obligation/General - 5.5% (3.7% of Total Investments)

 

Hamilton Township, Mercer County Board of Education, New Jersey, General Obligation Bonds, Series

2001:

1,850

   4.750%, 8/15/18 - FSA Insured

8/10 at 100.00

AAA

1,901,523

1,630

   4.750%, 8/15/19 - FSA Insured

8/10 at 100.00

AAA

1,670,669

 

360

New Jersey, General Obligation Bonds, Series 2005L, 5.250%, 7/15/16 - AMBAC Insured

No Opt. Call

AAA

399,326

 

1,350

Puerto Rico, General Obligation and Public Improvement Bonds, Series 2001, 5.250%, 7/01/27 - FSA

7/11 at 100.00

AAA

1,435,509

   Insured


Tax Obligation/Limited - 20.0% (13.7% of Total Investments)

 

1,745

Burlington County Bridge Commission, New Jersey, Guaranteed Pooled Loan Bonds, Series 2003,

12/13 at 100.00

AAA

1,850,642

   5.000%, 12/01/18 - MBIA Insured

 

2,000

Essex County Improvement Authority, New Jersey, Lease Revenue Bonds, Series 2003,

No Opt. Call

Aaa

2,162,940

   5.000%, - FSA Insured

 

Garden State Preservation Trust, New Jersey, Open Space and Farmland Preservation Bonds, Series

2003A:

550

   5.250%, 11/01/19 - FSA Insured

11/13 at 100.00

AAA

593,335

900

   5.000%, 11/01/20 - FSA Insured

11/13 at 100.00

AAA

948,222

1,015

   5.000%, 11/01/21 - FSA Insured

11/13 at 100.00

AAA

1,065,588

 

2,200

New Jersey Economic Development Authority, Revenue Bonds, Motor Vehicle Surcharge, Series 2004A,

7/14 at 100.00

AAA

2,413,422

   5.250%, 7/01/15 - MBIA Insured

 

1,200

New Jersey Economic Development Authority, Cigarette Tax Revenue Bonds, Series 2004, 5.750%,

6/14 at 100.00

BBB

1,257,984

   6/15/34

 

900

New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2004G,

9/13 at 100.00

AAA

957,132

   5.000%, 9/01/17 - MBIA Insured

 

1,550

New Jersey Economic Development Authority, School Facility Construction Bonds, Series 2005K,

No Opt. Call

AAA

1,711,975

   5.250%, 12/15/14 - FGIC Insured

 

1,000

New Jersey Educational Facilities Authority, Revenue Bonds, Higher Education Capital Improvement

9/12 at 100.00

AAA

1,078,370

   Bonds, Fund Issue, Series 2002A, 5.250%, 9/01/19 - AMBAC Insured

 

1,000

New Jersey Transit Corporation, Certificates of Participation, Federal Transit Administration

No Opt. Call

AAA

1,115,200

   Grants, Series 2002A, 5.500%, 9/15/14 - AMBAC Insured

 

1,200

New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2004B, 5.250%,

No Opt. Call

AAA

1,316,496

   12/15/13 - FGIC Insured

 

1,635

New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2005B, 5.250%,

No Opt. Call

AAA

1,793,726

   12/15/13 - MBIA Insured

 

1,500

Virgin Islands Public Finance Authority, Senior Lien Revenue Refunding Bonds, Matching Fund Loan

10/08 at 101.00

AA

1,589,400

   Notes, Series 1998A, 5.500%, 10/01/18 - RAAI Insured


Transportation - 23.0% (15.7% of Total Investments)

 

1,000

Delaware River and Bay Authority, Delaware and New Jersey, Revenue Bonds, Series 2005, 5.000%,

1/15 at 100.00

AAA

1,049,920

   1/01/25 - MBIA Insured

 

1,800

New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental Airlines

11/10 at 101.00

B

1,556,316

   Inc., Series 2000, 7.000%, 11/15/30 (Alternative Minimum Tax)

 

3,000

New Jersey Turnpike Authority, Revenue Bonds, Series 2003A, 5.000%, 1/01/19 - FGIC Insured

7/13 at 100.00

AAA

3,163,560

 

New Jersey Turnpike Authority, Revenue Bonds, Series 1991C:

175

   6.500%, 1/01/16

No Opt. Call

A

205,685

70

   6.500%, 1/01/16 - MBIA Insured

No Opt. Call

AAA

83,199

 

375

Newark Housing Authority, New Jersey, Port Authority Terminal Revenue Bonds, Series 2004, 5.250%,

1/14 at 100.00

AAA

400,868

   1/01/21 - MBIA Insured

 

3,000

Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Ninth Series

1/07 at 101.00

AAA

3,135,840

   1997, 5.375%, 1/15/32 - MBIA Insured

 

3,500

Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Twentieth Series

10/07 at 101.00

AAA

3,656,380

   2000, 5.500%, 10/15/35 (Alternative Minimum Tax) - MBIA Insured

 

5,000

Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air Terminal

12/07 at 102.00

AAA

5,376,950

   LLC, Sixth Series 1997, 5.750%, 12/01/22 (Alternative Minimum Tax) - MBIA Insured

 

4,000

South Jersey Transportation Authority New Jersey, Transportation System Revenue Bonds, Series 1999,

11/09 at 101.00

AAA

4,219,960

   5.125%, 11/01/22 - AMBAC Insured


U.S. Guaranteed*** - 28.6% (19.5% of Total Investments)

 

5,215

Puerto Rico, The Children's Trust Fund, Tobacco Settlement Asset-Backed Bonds, Series 2000,

7/10 at 100.00

AAA

5,838,975

   6.000%, 7/01/26 (Pre-refunded to 7/01/10)

 

1,000

Delaware River and Bay Authority, Delaware and New Jersey, Revenue Bonds, Series 2003, 5.250%,

1/13 at 100.00

AAA

1,101,070

   1/01/18 (Pre-refunded to 1/01/13) - MBIA Insured

 

50

Essex County Improvement Authority, New Jersey, General Obligation Guaranteed Lease Revenue Bonds,

10/10 at 100.00

Aaa

56,539

   County Correctional Facility Project, Series 2000, 6.000%, 10/01/25 (Pre-refunded to 10/01/10) -

   FGIC Insured

 

New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2001A:

2,000

   5.250%, 6/15/19 (Pre-refunded to 6/15/11) - AMBAC Insured

6/11 at 100.00

AAA

2,188,240

2,400

   5.000%, 6/15/21 (Pre-refunded to 6/15/11) - AMBAC Insured

6/11 at 100.00

AAA

2,592,720

 

1,500

New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2002C,

6/12 at 100.00

AAA

1,630,080

   5.000%, 6/15/15 (Pre-refunded to 6/15/12) - MBIA Insured

 

1,000

New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2003F,

6/13 at 100.00

AAA

1,106,460

   5.250%, 6/15/21 (Pre-refunded to 6/15/13) - FGIC Insured

 

1,565

New Jersey Educational Facilities Authority, Revenue Bonds, Princeton University, Series 2000E,

7/10 at 100.00

AAA

1,707,368

   5.250%, 7/01/16 (Pre-refunded to 7/01/10)

 

1,110

New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 1998A, 5.000%,

6/09 at 100.00

A+***

1,187,534

   6/15/17 (Pre-refunded to 6/15/09)

 

New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2003C:

1,000

   5.500%, 6/15/17 (Pre-refunded to 6/15/13)

6/13 at 100.00

AAA

1,123,990

1,000

   5.500%, 6/15/18 (Pre-refunded to 6/15/13)

6/13 at 100.00

AAA

1,123,990

 

550

New Jersey Turnpike Authority, Revenue Bonds, Series 1991C, 6.500%, 1/01/16

No Opt. Call

A***

650,425

 

Puerto Rico, General Obligation and Public Improvement Bonds, Series 2001:

2,150

   5.250%, 7/01/27 (Pre-refunded to 7/01/11) - FSA Insured

7/11 at 100.00

AAA

2,352,509

1,230

   5.125%, 7/01/30 (Pre-refunded to 7/01/11) - FSA Insured

7/11 at 100.00

AAA

1,337,305

 

4,000

Puerto Rico Infrastructure Financing Authority, Special Obligation Bonds, Series 2000A, 5.500%,

10/10 at 101.00

AAA

4,337,120

   10/01/40


Utilities - 2.6% (1.8% of Total Investments)

 

1,815

Camden County Pollution Control Financing Authority, New Jersey, Solid Waste Disposal and Resource

6/05 at 100.00

B2

1,814,691

   Recovery System Revenue Bonds, Series 1991B, 7.500%, 12/01/09 (Alternative Minimum Tax)

 

750

New Jersey Economic Development Authority, Pollution Control Revenue Refunding Bonds, Public

No Opt. Call

Baa1

793,785

   Service Electric and Gas Company, Series 2001A, 5.000%, 3/01/12


Water and Sewer - 21.7% (14.8% of Total Investments)

 

4,635

New Jersey Economic Development Authority, Water Facilities Revenue Bonds, American Water Company,

5/08 at 102.00

Aaa

4,736,785

   Series 1997B, 5.375%, 5/01/32 (Alternative Minimum Tax) - FGIC Insured

 

7,000

New Jersey Economic Development Authority, Water Facilities Revenue Bonds, Middlesex Water Company,

2/08 at 102.00

AAA

7,218,960

   Series 1998, 5.350%, 2/01/38 (Alternative Minimum Tax) - MBIA Insured

 

2,775

New Jersey Environmental Infrastructure Trust, Environmental Infrastructure Bonds, Series 1998A,

9/08 at 101.00

AAA

2,811,519

   4.500%, 9/01/18

 

15,840

North Hudson Sewerage Authority, New Jersey, Sewerage Revenue Refunding Bonds, Series 2001A,

No Opt. Call

Aaa

6,716,472

   0.000%, 8/01/23 - MBIA Insured


$

146,610

Total Long-Term Investments (cost $139,328,021) - 146.2%

145,006,262



Short-Term Investments - 0.4% (0.3% of Total Investments)

 

250

New Jersey Economic Development Authority, Water Facilities Revenue Refunding Bonds,

A-1+

250,000

   United Water of New Jersey, Inc., Variable Rate Demand Obligations, Series 1996A, 2.290% 11/01/26-

   AMBAC Insured †

 

100

Puerto Rico Government Development Bank, Adjustable Refunding Bonds, Variable Rate

A-1

100,000

   Demand Obligations, Series 1985, 2.190%, 12/01/15 - MBIA Insured †


$

350

Total Short-Term Investments (cost $350,000)

350,000



Total Investments (cost $139,678,021) - 146.6%

145,356,262


Other Assets Less Liabilities - 1.8%

1,825,086


Preferred Shares, at Liquidation Value - (48.4)%

(48,000,000)


Net Assets Applicable to Common Shares - 100%

$99,181,348


Income Tax Information

The following information is presented on an income tax basis. Differences between amounts for financial statement

and federal income tax purposes are primarily due to timing differences in recognizing income on taxable market

discount securities and timing differences in recognizing certain gains and losses on security transactions.

At March 31, 2005, the cost of investments was $139,642,911.

Gross unrealized appreciation and gross unrealized depreciation of investments at March 31, 2005, were as

follows:


Gross unrealized:

   Appreciation

$6,199,870

   Depreciation

(486,519)


Net unrealized appreciation of investments

$5,713,351


(1)  

All percentages shown in the Portfolio of Investments are based on net assets applicable to Common shares

unless otherwise noted.

*  

Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There

may be other call provisions at varying prices at later dates.

**  

Ratings: Using the higher of Standard & Poor's or Moody's rating.

***  

Securities are backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency

securities which ensures the timely payment of principal and interest. Such securities are normally considered

to be equivalent to AAA rated securities.

N/R  

Investment is not rated.

(WI)  

Security purchased on a when-issued basis.

†  

Security has a maturity of more than one year, but has variable rate and demand features which qualify it as

a short-term security. The rate disclosed is that in effect at the end of the reporting period. This rate changes

periodically based on market conditions or a specified market index.

Item 2. Controls and Procedures.

  1. The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
  2. There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: EX-99 CERT Attached hereto.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant)         Nuveen New Jersey Dividend Advantage Municipal Fund        

By (Signature and Title)*          /s/ Jessica R. Droeger--Vice President and Secretary        

Date         05/27/05        

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)*         /s/ Gifford R. Zimmerman--Chief Administrative Officer (principal executive officer)        

Date         05/27/05        

By (Signature and Title)*         /s/ Stephen D. Foy--Vice President and Controller (principal financial officer)        

Date         05/27/05        

* Print the name and title of each signing officer under his or her signature.