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<TYPE>8-K
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<DESCRIPTION>8-K
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                                    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)          MAY 17, 1996


                      PRUCO LIFE INSURANCE COMPANY OF NEW JERSEY

                                    in respect of

           PRUCO LIFE OF NEW JERSEY VARIABLE CONTRACT REAL PROPERTY ACCOUNT
                (Exact name of Registrant as specified in its charter)


                           Commission file number 33-20018


              NEW JERSEY                              22-2426091
     (State or other jurisdiction of        (IRS Employer Identification No.)
    incorporation or organization)


                 213 WASHINGTON STREET, NEWARK, NEW JERSEY 07102-2992
                 (Address of principal executive offices) (Zip Code)

                                  (201) 802-6000
                 (Registrant's Telephone Number, including area code)


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Item 4 - Changes in Registrant's Certifying Accountant

b)  New Independent Accountants

    I.   The Registrant engaged Price Waterhouse LLP as its new independent
         accountants as of May 14, 1996.  During the two most recent fiscal
         years and through May 14, 1996, the Registrant has not consulted with
         Price Waterhouse LLP on items which 1) were or should have been
         subject to SAS 50 or 2) concerned the subject matter of a disagreement
         or reportable event with the former auditor (as described in
         Regulation S-K Item 304(a)(2)).

    II.  The Board of Directors of The Prudential Insurance Company of America
         approved the recommendation by its auditing committee to engage Price
         Waterhouse LLP as independent accountants.  The Auditing Committee of
         The Prudential Insurance Company of America supervises the audit
         activities in respect of affiliates, including the Registrant.


                                      SIGNATURE


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


           Pruco Life of New Jersey Variable Contract Real Property Account
                                     (Registrant)


Date: May 17, 1996                                 By: /s/ Esther H. Milnes
                                                       ----------------------
                                                        Esther H. Milnes
                                                        President


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