**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)          |

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

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

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

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

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**Item        2.02**
**Results        of Operations and Financial Condition**

| **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. |
|-----|-----------|

|   | 99.1 | Press                release dated July 25, 2007, announcing the Company’s results of                operations and financial condition at and for the three months and                nine                months ended June 30, 2007. |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**SIGNATURES**

|                               | ** MAGYAR                BANCORP, INC.** |                                                 |
|------------------------------------|-----------------------------------------------|------------------------------------------------------|
|                               |                                          |                                                 |   |
|                               |                                          |                                                 |   |
|                               |                                          |                                                 |   |
| DATE:                July 25, 2007 | By:                                           | /s/                Elizabeth E. Hance                |   |
|                               |                                          | Elizabeth                E. Hance                    |   |
|                               |                                          | President                and Chief Executive Officer |   |

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**EXHIBIT      INDEX**

| Exhibit                No. | Description                                                                                                                                                                                                                                  |
|----------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                       |                                                                                                                                                                                                                                         |
| 99.1                       | Press                release dated July 25, 2007, announcing the Company’s results of                operations and financial condition at and for the three months and                nine                months ended June 30, 2007. |