Summit Bancorp said it had completed its acquisition of Central Jersey Financial Corp., East Brunswick, for $90.2 million in stock.

Central Jersey common stock was exchanged for 0.875 share of Summit stock. Central Jersey, with $464 million in assets, has six offices in Middlesex County.

Summit, a $22 billion-asset banking company, is expected to complete its acquisition of BMJ Financial Corp., Bordentown, in the first quarter of 1997.

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