**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**WASHINGTON,      D.C. 20549**

**FORM      8-K**

**CURRENT      REPORT**

**MAGYAR      BANCORP, INC.**

| Delaware                                     | 0-51726                              | 20-4154978                         |
|----------------------------------------------|--------------------------------------|------------------------------------|
| (State                or Other Jurisdiction) | (Commission                File No.) | (I.R.S.                Employer    |
| of                Incorporation)             |                                 | Identification                No.) |

| 400                Somerset Street, New Brunswick, New Jersey | 08901                     |
|---------------------------------------------------------------|---------------------------|
| (Address                of Principal Executive Offices)       | (Zip                Code) |

|  ̈ | Written                communications pursuant to Rule 425 under the Securities Act (17                CFR                230.425) |
|--------|------------------------------------------------------------------------------------------------------------------------------------|

|  ̈ | Soliciting                material pursuant to Rule 14a-12 under the Exchange Act (17 CFR                240.14a-12) |
|--------|----------------------------------------------------------------------------------------------------------------------|

|  ̈ | Pre-commencement                communications pursuant to Rule 14d-2(b) under the Exchange Act (17                CFR                240.14d-2(b)) |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------|

|  ̈ | Pre-commencement                communications pursuant to Rule 13e-4(c) under the Exchange Act (17                CFR                240.13e-4(c)) |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------|

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| **Item                8.01.** | **Other                Events** |
|-------------------------------|---------------------------------|

| **Item                9.01.** | **Financial                Statements and Exhibits** |
|-------------------------------|------------------------------------------------------|

| (a) | Financial                  statements of businesses acquired. Not                  Applicable. |
|-----|------------------------------------------------------------------------------------------------|

| (b) | Pro                  forma financial information. Not                  Applicable. |
|-----|------------------------------------------------------------------------------------|

| (c) | Shell                  company transactions. Not                  Applicable |
|-----|------------------------------------------------------------------------------|

| (d) | Exhibits. |
|-----|-----------|
|   |   |
|--------|--------|

|   | Exhibit                No. | Description                                                                                               |
|--------|----------------------------|-----------------------------------------------------------------------------------------------------------|
|   |                       |                                                                                                      |
|   | 99.1                       | Press                Release dated March 12, 2007 relating to the opening of a new                office. |

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**SIGNATURES**

|                                | **MAGYAR                BANCORP, INC.** |
|-------------------------------------|-----------------------------------------|
|                                |                                    |   |
|                                |                                    |   |
|                                |                                    |   |
| DATE:                March 15, 2007 | By:                                     |                  /s/ Elizabeth E. Hance |
|                                |                                    | Elizabeth                E. Hance |
|                                |                                    | President                and Chief Executive                Officer |