SECURITIES AND EXCHANGE COMMISSION
             WASHINGTON, D.C. 20549

                     FORM 10-QSB

[x]     Quarterly Report Pursuant to Section 13 or 15(d) Securities
Exchange Act of 1934 for Quarterly Period Ended June 30, 2007

-OR-

[ ]     Transition Report Pursuant to Section 13 or 15(d) of the
Securities And Exchange Act of 1934 for the transaction period from
_________ to________

Commission File Number      0-50773


            Creative Beauty Supply of New Jersey Corporation
                 (Exact name of Small Business Issuer
                            in its charter)

   New Jersey                       56-2415252
 (State or other jurisdiction      (I.R.S. Employer
of incorporation or organization)  Identification
                                      number)

   380 Totowa Road
     Totowa, NJ                          07512
(Address of principal executive offices) (Zip Code)

Registrant's Telephone number, including area code:
(973) 904-0004


Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

Yes  [ X ]      No [   ]

The number of outstanding shares of the registrant's common stock, July
27, 2007:

  Common Stock  -  10,532,150





<PAGE>2

CREATIVE BEAUTY OF NEW JERSEY CORPORATION

TABLE OF CONTENTS


PART I                                                            PAGE
                                                                  ----

ITEM 1.  Financial Statements

Balance Sheets -June 30, 2007 (Unaudited) and
December 31, 2006                                                   3

Statements of Operations and Comprehensive Loss
  for the three and six months ended June 30, 2007
  and 2006 (Unaudited)                                              4

Statements of Cash Flows for the six months ended
  June 30, 2007 and 2006 (Unaudited)                                5


Notes to Financial Statements (Unaudited)                           6


ITEM 2.  Management's Discussion and Analysis of
Financial Condition and Results of Operations                      10

ITEM 3. Controls and Procedures                                    13

PART II

ITEM 1.  Legal Proceedings                                         14

ITEM 2.  Changes in Securities                                     14

ITEM 3.  Defaults upon Senior Securities                           14

ITEM 4.  Submission of Matters to a Vote of Security Holders       14

ITEM 5.  Other Information                                         14

ITEM 6.  Exhibits                                                  14








<PAGE>3
PART I

Item 1 - Financial Statements

CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION
BALANCE SHEETS
<TABLE>
<CAPTION>
                                                   June 30,          December 31,
                                                     2007                2006
                                                 -------------       ------------
                                                  (UNAUDITED)           (AUDITED)

                                                   <c>                  <c>
ASSETS

CURRENT ASSETS:
   Cash and cash equivalents                      $    255,535       $    270,482
   Marketable securities                                26,000            100,000
   Accounts receivable                                   1,379              1,665
   Inventory                                            57,004             56,830
   Prepaid expenses                                      2,637              2,731
                                                  ------------       ------------
   TOTAL CURRENT ASSETS                                342,555            431,708

PROPERTY AND EQUIPMENT, net of accumulated
   depreciation                                          1,949              2,599
                                                  ------------       ------------
TOTAL ASSETS                                      $    344,504       $    434,307
                                                  ============       ============
LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
   Accounts payable - trade                       $     11,129       $     10,916
   Payroll taxes withheld and accrued                      271                631
   Accrued expenses                                     28,054             16,686
                                                  ------------       ------------
   TOTAL CURRENT LIABILITIES                            39,454             28,233
                                                  ------------       ------------
STOCKHOLDERS' EQUITY
   Preferred stock, par value $.001,
    authorized 10,000,000 shares, issued
      and outstanding -0- shares                             -                  -
   Common stock, par value $.001,
    authorized 100,000,000 shares, issued
     and outstanding 10,532,150 shares                  10,532             10,532
   Additional paid-in-capital                          776,109            776,109
   Accumulated deficit                                (503,229)          (475,567)
   Accumulated other comprehensive income               21,638             95,000
                                                  ------------       ------------
   TOTAL STOCKHOLDERS' EQUITY                          305,050            406,074
                                                  ------------       ------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY        $    344,504       $    434,307
                                                  ============       ============
</TABLE>
The accompanying notes are an integral part
 of these financial statements.

<PAGE>4
            CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION
            STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
                             (UNAUDITED)
<TABLE>
                                    Three Months Ended        Six Months Ended
                                         June 30,                  June 30,
                                    2007         2006         2007         2006
                                 ----------   ----------   ----------   ----------

                              <c>          <c>          <c>          <c>
Net Sales                        $   29,069   $   32,978   $   57,435   $   70,123
Cost of Sales                        21,906       23,883       43,237       50,783
                                 ----------   ----------   ----------   ----------
Gross Profit                          7,163        9,095        14,198      19,340
                                 ----------   ----------   ----------   ----------

Operating Expenses
  Salaries - officers                 7,870        7,910       16,090       15,860
  Employee benefits                   4,502        4,024        9,004        8,047
  Professional fees                   9,927       14,182       26,017        26,314
  Rent                                4,050        4,050        8,100        8,100
  Other general and administrative    5,777        5,955        11,949       11,674
                                 ----------   ----------   ----------   ----------
    Total Operating Expenses         32,126       36,121       71,160       69,995
                                 ----------   ----------   ----------   ----------
Loss From Operations                (24,963)     (27,026)     (56,962)     (50,655)
                                 ----------   ----------   ----------   ----------
Other Income
  Gain on marketable securities           -            -       12,132            -
  Interest income                     2,897        2,522        5,938        5,113
  Miscellaneous Income                4,000            -       11,230            -
                                 ----------   ----------   ----------   ----------
    Total Other Income                6,897        2,522       29,300        5,113
                                 ----------   ----------   ----------   ----------

Net Loss                            (18,066)     (24,504)     (27,662)     (45,542)
Other Comprehensive Income,
  net of taxes:
  Unrealized loss on
    Marketable Securities           (61,230)           -      (73,362)           -
                                 ----------   ----------   ----------   ----------
Total Comprehensive Loss         $  (79,296)  $  (24,504)  $ (101,024)  $  (45,542)
                                 ==========   ==========   ==========   ==========
Earning (loss) per share:
  Basic and diluted net loss per
   common share                  $        -   $        -   $        -   $        -
                                 ==========   ==========   ==========   ==========
  Basic and diluted weighted average
   common shares outstanding     10,532,150   10,532,150   10,532,150   10,532,150
                                 ==========   ==========   ==========   ==========
</TABLE>


The accompanying notes are an integral part
of these financial statements.

<PAGE>5
CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION
STATEMENTS OF CASH FLOWS
FOR THE SIX MONTHS ENDED JUNE 30, 2007 AND 2006

(UNAUDITED)
<TABLE>
                                                           2007            2006
                                                           ----            ----

                                                        <c>              <c>
Cash Flows from Operating Activities:
     Cash received from customers                      $    57,721     $    70,043
     Cash paid to suppliers and employees                 (102,606)       (105,040)
     Interest received                                       5,938           5,113
     Miscellaneous income                                   11,230               -
                                                       -----------     -----------
          Net cash used in operating activities            (27,717)        (29,884)
                                                       -----------     -----------
Cash Flows from Investing Activities:
     Proceeds from sale of marketable securities            12,770               -
                                                       -----------     -----------
Cash Flows from Financing Activities:                       12,770               -
                                                       -----------     -----------
NET DECREASE IN CASH AND
   CASH EQUIVALENTS                                        (14,947)        (29,884)
CASH AND CASH EQUIVALENTS - beginning of period            270,482         358,420
                                                       -----------     -----------
CASH AND CASH EQUIVALENTS - end of period              $   255,535     $   328,536
                                                       ===========     ===========

RECONCILIATION OF NET LOSS TO NET CASH USED IN OPERATIONS:

Net loss                                               $   (27,662)    $   (45,542)
Adjustments to reconcile net loss to net
  cash used in operating activities:
        Depreciation                                           650             650
        Gain on sale of marketable securities              (12,132)              -
        Increase (decrease) in accounts receivable             286             (80)
        Decrease (increase) in inventory                      (174)          1,280
       (Increase) decrease in prepaid expenses                  94          (2,267)
        Increase in accounts payable and
          accrued expenses                                  11,221          16,075
                                                        ----------     -----------
Net cash used in operating activities                   $  (27,717)    $   (29,884)
                                                        ==========     ===========
</TABLE>
The accompanying notes are an integral part
of these financial statements.



<PAGE>6

CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION
NOTES TO UNAUDITED FINANCIAL STATEMENTS
June 30, 2007

1. THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The Company

Creative Beauty Supply of New Jersey Corporation (the "Company") was
incorporated in the State of New Jersey on October 1, 2003.  It was
formed pursuant to a resolution of the board of directors of Creative
Beauty Supply, Inc., ("CBS") as a wholly-owned subsidiary of that
company, a publicly traded New Jersey corporation.  On January 1, 2004,
the assets and liabilities of CBS were contributed at book value to the
Company, and this subsidiary was then spun-off by CBS to its
stockholders, subject to the Company's current registration statement on
Form 10-SB being declared effective.  This spin-off was consummated in
contemplation of a merger between CBS and Global Digital Solutions, Inc.
(Global), a Delaware corporation.  The merger occurred on March 19,
2004, whereby the former stockholders of CBS became the owners of 100
percent of the common stock of the Company.  In addition, on January 1,
2004, the Company commenced operations in the beauty supply industry at
both the wholesale and retail levels.

The Company sells cosmetic and beauty supplies to the general public and
beauty salons in Northern and Central New Jersey.

Interim Financial Statement Presentation

The December 31, 2006 the balance sheet data was derived from audited
financial statements but does not include all disclosures required by
generally accepted accounting principles.  In the opinion of management,
the accompanying unaudited financial statements contain all normal and
recurring adjustments necessary to present fairly the financial position
of the Company as of June 30, 2007, its results of operations for the
six months ended June 30, 2007 and 2006 and its cash flows for the six
months ended June 30, 2007 and 2006.

The statements of operations for the three months and six months ended
June 30, 2007 and 2006 are not necessarily indicative of the results for
the full year.

While the Company believes that the disclosures presented are adequate
to make the information not misleading, these financial statements
should be read in conjunction with the financial statements and
accompanying notes included in the Company's Annual Report on Form 10-
KSB for the year ended December 31, 2006.

Revenue Recognition

Net sales are recognized at the time products are shipped to customers.
Over-the-counter sales are recognized at point of sale.



<PAGE>7

Investments in Available-For-Sale Securities

The Company considers its investments in equity securities as available-
for-sale and has therefore reflected the investment at fair value in the
accompanying financial statements.  Realized gains and losses are
recorded in earnings (loss).  Changes in unrealized gains or losses are
excluded from earnings (loss) reported as a component of other
comprehensive income (loss) in the stockholders' equity section of the
balance sheet.

Inventory

Inventory consists of finished goods. The Company, for interim
reporting, calculates its inventory using the gross profit of the
immediate previous calendar year.

Earning (Loss) Per Share

The Company computes earnings or loss per share in accordance with
Statement of Financial Accounting Standards No. 128 (SFAS 128), "Earning
Per Share".  Basic earnings per share is computed by dividing income
available to common stockholders by the weighted average number of
common shares outstanding.  Diluted earnings per share reflects the
potential dilution that could occur if securities or other agreements to
issue common stock were exercised or converted into common stock.
Diluted earnings per share is computed based upon the weighted average
number of common shares and dilutive common equivalent shares
outstanding, which	 includes convertible debentures, stock options and
warrants.

Comprehensive Income (Loss)

The Company reports components of comprehensive income (loss) under the
requirements of SFAS 130, "Reporting Comprehensive Income".  SFAS 130
establishes rules for the reporting of comprehensive income or loss and
its components which require that certain items be presented as separate
components of stockholders' equity.  For the periods presented, the
Company's other comprehensive income consist solely of unrealized gains
from marketable securities available for sale.

Recent Pronouncements

In September 2006, the FASB issued SFAS No. 157, "Fair Value
Measurements".  This statement defines fair value, establishes a
framework for measuring fair value, and expands disclosures about fair
value measurements.  SFAS 157 will be effective for the Company
beginning January 1, 2008.  Management is currently evaluating the
effects SFAS 157 will have on the Company's consolidated financial
statements.

In February 2007, the FASB issued SFAS No. 159, "The Fair Value Option
for Financial Assets and Financial Liabilities."  SFAS 159 permits
entities to choose to measure eligible financial instruments at fair
value.  The unrealized gains and losses on items for which the fair
value option has been elected should be reported in earnings.  The

<PAGE>8

decision to elect the fair value options is determined on an instrument
by instrument basis, it should be applied to an entire instrument, and
it is irrevocable.  Assets and liabilities measured at fair value
pursuant to the fair value option should be reported separately in the
balance sheet from those instruments measured using another measurement
attributes.  SFAS 159 is effective as of the beginning of the first
fiscal year that begins after November 15, 2007.  Management is
currently evaluating the effects SFAS 159 will have on the Company's
consolidated financial statements.


2. MARKETABLE SECURITIES

At December 31, 2006, the Company's marketable securities consisted of
100,000 shares of common stock of Proguard Acquisition Corp.,
("Proguard"),a company trading on the Over The Counter Bulletin Board.
The Company has entered into an agreement with an unrelated third party
(the "Buyer") for the sale of these shares at a price of $1.00 per
share.  The agreement was part of an effort by the Buyer to acquire a
total of 2,000,000 shares of Proguard from various stockholders
including the Company (the "Selling Group").  As part of this effort,
the Buyer put up $300,000 as a deposit to purchase the 2,000,000 shares.
If the shares were not acquired, the deposit was forfeited and paid out
to the Selling Group.

During the six months ended June 30, 2007, the Company sold 12,770
shares for a total of $12,770.  During the quarter, it was also
determined that the Buyer would buy no additional shares.  As a result,
the Company received a fee of $11,230, which is recorded as
miscellaneous income in the statements of operations.

The cost and fair value of marketable equity securities that are
available-for-sale are as follows:

                                     June 30,        December 31,
                                        2007             2006
                                   -------------     ------------
                                    (Unaudited)       (Audited)

Cost                                 $    4,362       $    5,000
Gross unrealized gain                    21,638           95,000
                                     ----------       ----------
Fair value                           $   26,000       $  100,000
                                     ==========       ==========



<PAGE>9

Marketable equity securities sold are as follows:

                                           Six Months Ended
                                               June 30,
                                          ------------------
                                        2007             2006
                                   -------------     ------------
Selling price                        $   12,770       $        -
Cost                                        638                -
                                     ----------       ----------
Net gain                             $   12,132       $        -
                                     ==========       ==========

3. SALES

Wholesale sales consist of sales to beauty salons of merchandise for
resale.  Sales of 	merchandise to beauty salons for their own
consumption and not for resale are considered retail sales.  All sales
to the general public are also considered retail sales.

Net sales are summarized as follows:

                                                  Six Months Ended
                                                     June 30,
                                                --------------------
                                                 2007         2006
                                                ------       ------
Retail                                      $   35,810     $   38,580
Wholesale                                       21,625         31,543
                                            ----------     ----------
                                            $   57,435     $   70,123
                                            ==========     ==========

4. SUPPLIER CONCENTRATION

For the six months ended June 30, 2007 and 2006, the Company purchased
approximately 56% and 59%, respectively, of its products from one
supplier.  Management believes that other suppliers could provide
similar products on comparable terms.  A change in suppliers, however,
could cause a delay in merchandise and possible loss of sales which
could affect operating results.



<PAGE>10

Item 2. Management's Discussion and Analysis of Financial Condition and
Results of Operations

Trends and Uncertainties

Demand for Creative NJ's products will be dependent on, among other
things, market acceptance of Creative NJ's concept and general economic
conditions, which are cyclical in nature.  Inasmuch as all of Creative
NJ's activities are the receipt of revenues from the sales of its
products, Creative NJ's business operations may be adversely affected
by Creative NJ's competitors.

Capital and Source of Liquidity

Creative NJ had cash and cash equivalents of $255,535 at June 30, 2007,
a decrease of $14,947 from the cash and cash equivalents balance of
$270,482 at December 31, 2006.  Cash used in operating activities
totaled $27,717.  The primary reason for the decrease was the loss for
the period net of increases in accounts payable and accrued expenses.

At December 31, 2006, Creative NJ's marketable securities consisted of
100,000 shares of common stock of Proguard Acquisition Corp.,
("Proguard"),a company trading on the Over The Counter Bulletin Board.
The Company has entered into an agreement with an unrelated third party
(the "Buyer") for the sale of these shares at a price of $1.00 per
share.  The agreement was part of an effort by the Buyer to acquire a
total of 2,000,000 shares of Proguard from various stockholders
including Creative NJ (the "Selling Group").  As part of this effort,
the Buyer put up $300,000 as a deposit to purchase the 2,000,000 shares.
If the shares were not acquired, the deposit was forfeited and paid out
to the Selling Group.

During the six months ended June 30, 2007, Creative NJ sold 12,770
shares for a total of $12,770.  During the quarter ended March 31, 2007,
it was also determined that the Buyer would buy no additional shares.
As a result, the Company received a fee of $11,230, which is recorded as
miscellaneous income in the statements of operations.

Results of Operations

Creative NJ sells approximately 1,000 different products at varying
mark ups ranging from 20 to 40 percent.

Three Months Ended June 30, 2007 compared to June 30, 2006

For the three months ended June 30, 2007, Creative NJ had net sales of
$29,069 consisting of $18,313 retail and $10,756 wholesale.  Cost of
sales amounted to $21,906 resulting in gross profit of $7,163.

For the three months ended June 30, 2007, Creative NJ had operating
expenses of $32,126.  A majority of these expenses consisted of those
necessary to conduct our business.  We incurred $9,927 for professional
fees necessary to remain a reporting company.


<PAGE>11

For the three months ended June 30, 2006, Creative NJ had net sales of
$32,978 consisting of $19,429 retail and $13,549 wholesale.  Cost of
sales amounted to $23,883 resulting in gross profit of $9,095.

For the three months ended June 30, 2006, Creative NJ had operating
expenses of $36,121.  A majority of these expenses consisted of those
necessary to conduct our business.  We incurred $14,182 for
professional fees necessary to become and remain a reporting company.

Six Months Ended June 30, 2007 compared to June 30, 2006

For the six months ended June 30, 2007, Creative NJ had net sales of
$57,435 consisting of $35,810 retail and $21,625 wholesale.  Cost of
sales amounted to $43,237 resulting in gross profit of $14,198.

For the six months ended June 30, 2007, Creative NJ had operating
expenses of $71,160.  A majority of these expenses consisted of those
necessary to conduct our business.  We incurred $26,017 for
professional fees necessary to remain a reporting company.

For the six months ended June 30, 2006, Creative NJ had net sales of
$70,123 consisting of $38,580 retail and $31,543 wholesale.  Cost of
sales amounted to $50,783 resulting in gross profit of $19,340.

For the six months ended June 30, 2006, Creative NJ had operating
expenses of $69,995.  A majority of these expenses consisted of those
necessary to conduct our business.  We incurred $26,314 for
professional fees necessary to become and remain a reporting company.

Plan of Operation

During the next twelve months, Creative NJ may obtain new product lines
by negotiating with various manufacturers.  Creative NJ does not intend
to hire any additional employees.

To date, no product lines have been identified and no timeframes
established or cash needs defined.

Creative NJ is not delinquent on any of its obligations even though
Creative NJ has had limited operating revenues.  Creative NJ intends to
market its products utilizing cash made available from the sale of its
products.  Creative NJ is of the opinion that revenues from the sales
of its products will be sufficient to pay its expenses.

Creative NJ does not have nor does it intend to have pension and/or
other post-retirement benefits in the future.

Creative NJ does not have any or intends to have any derivative
instruments or hedging activities.

Critical Accounting Policies

The preparation of financial statements and related disclosures in
conformity with accounting principles generally accepted in the United
States of America requires management to make judgments, assumptions

<PAGE>12

and estimates that affect the amounts reported in Creative NJ's
financial statements and the accompanying notes.   The amounts of
assets and liabilities reported in our balance sheets and the amounts
of revenues and expenses reported for each of our fiscal periods are
affected by estimates and assumptions which are used for, but not
limited to, the accounting for allowance for doubtful accounts, fair
market values of marketable securities, asset impairments, inventory
and income taxes.  Actual results could differ from these estimates.

The following critical accounting policies are significantly affected
by judgments, assumptions and estimates used in the preparation of the
financial statements.

Net sales are recognized at the time products are shipped to customers.
Over-the-counter sales are recognized at point of sale.

Creative NJ has elected to classify all of its investments in equity
securities as available-for-sale and report them at fair value.
Realized gains and losses are recorded in earnings (loss) and changes
in the unrealized gain or loss is excluded from earnings (loss) and
reported as a component of other comprehensive income (loss).

Creative NJ's inventory consists of finished goods.  For interim
reporting purposes, Creative NJ calculates its inventory value using
the gross profit method of the immediate previous calendar year.

Forward-Looking Statements

This Form 10-QSB contains forward-looking statements within the meaning
of the federal securities laws.   These statements include those
concerning the following:  Our intentions, beliefs and expectations
regarding the fair value of all assets and liabilities recorded; our
strategies; growth opportunities; product development and introduction
relating to new and existing products; the enterprise market and
related opportunities; competition and competitive advantages and
disadvantages; industry standards and compatibility of our products;
relationships with our employees; our facilities, operating lease and
our ability to secure additional space; cash dividends; excess
inventory, our expenses; interest and other income; our beliefs and
expectations about our future success and results; our operating
results; our belief that our cash and cash equivalents will be
sufficient to satisfy our anticipated cash requirements; our
expectations regarding our revenues and customers; investments and
interest rates.   These statements are subject to risk and
uncertainties that could cause actual results and events to differ
materially.

Creative NJ undertakes no obligation to update forward-looking
statements to reflect events or circumstances occurring after the date
of this Form 10-QSB.




<PAGE>13

Item 3.  Controls and Procedures.

During the six months ended June 30, 2007 there were no changes in our
internal controls over financial reporting (as defined in Rule 13a-
15(f) and 15d-15(e)under the Exchange Act) that have materially
affected, or are reasonably likely to materially affect, our internal
control over financial reporting .

Evaluation of Disclosure Controls and Procedures

Carmine Catizone, the Chief Executive Officer and Daniel Generelli, the
Chief Financial Officer of the Corporation have made an evaluation of
the disclosure controls and procedures relating to the report on Form
10QSB for the six months ended June 30, 2007 as filed with the
Securities and Exchange Commission and have concluded such controls and
procedures to be effective as of June 30, 2007 to ensure that
information required to be disclosed by the issuer in the reports that
it files or submits under the Act is recorded, processed, summarized
and reported, within the time periods specified in the Commission's
rules and forms and to ensure that information required to be disclosed
by an issuer in the reports that it files or submits under the Act is
accumulated and communicated to the issuer's management, including its
principal executive and principal financial officers, or persons
performing similar functions, as appropriate to allow timely decisions
regarding required disclosure.




<PAGE>14

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

Not applicable.

Item 2. Changes in Securities and Use of Proceeds

Not applicable.

Item 3. Defaults Upon Senior Securities.

Not applicable.

Item 4. Submission of Matters to a Vote of Security
  Holders.

Not applicable.

Item 5. Other Information

Not applicable.

Item 6. Exhibits

Exhibit 31 - Certifications pursuant to
Section 302 of the Sarbanes-Oxley Act of 2002

Exhibit 32 - Certifications pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Report to be signed on its behalf
by the undersigned thereunto duly authorized.

Dated:  August 14, 2007

CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION

By: /s/ Carmine Catizone
---------------------------
Carmine Catizone, President and Director