BlackRock MuniYield New Jersey Fund, Inc. (the Fund) is a non-diversified, closed-ended management investment company. The Fund's investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes and New Jersey personal income tax as is consistent with its investment policies and prudent investment management. The Fund seeks to achieve its investment objective by investing at least 80% of its assets in municipal obligations exempt from federal income taxes (except that the interest may subject to the federal alternative minimum tax) and New Jersey personal income taxes. It invests primarily in long-term municipal obligations that are investment grade quality at the time of investment. The Fund may invest directly in such securities or through the use of derivatives. The Fund's investment advisor is BlackRock Advisors, LLC. BlackRock Investment Management, LLC is the sub-advisor the Fund.