SCHEDULE 13G

                 Under the Securities Exchange Act of 1934
                                     
                            (Amendment No. 10)*
                                     
                                     
                                     

                               BEL FUSE INC.
___________________________________________________________________ 
                             (Name of Issuer)

                               COMMON STOCK
__________________________________________________________________
                       (Title of Class of Securities)

                                07734710-2
__________________________________________________________________
                               (CUSIP Number)


Check  the  following box if a fee is being paid with this  statement [ ]. 
(A fee  is  not required only if the filing person: (1) has a previous 
statement on  file  reporting  beneficial ownership of more than  five  percent 
of  the class  of  securities  described in Item 1; and (2)  has  filed  no 
amendment subsequent  thereto  reporting beneficial ownership of five  percent
or  less of such class.)  (See Rule 13d-7).

*The  remainder  of  this  cover page shall be  filled  out  for  a  reporting
person's  initial  filing on this form with respect to the  subject  class  of
securities,  and  for  any subsequent amendment containing  information  which
would alter the disclosures provided in a prior cover page.

The  information  required in the remainder of this cover page  shall  not  be
deemed  to  be  "filed"  for  the  purpose of Section  18  of  the  Securities
Exchange  Act  of  1934  ("Act") or otherwise subject to  the  liabilities  of
that  section of the Act but shall be subject to all other provisions  of  the
Act (however, see the Notes.)


 1      NAME OF REPORTING PERSON
        S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
        Elliot Bernstein
        ###-##-####
       
2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a)   
                                                             (b)  
                                    
3       SEC USE ONLY
                                     
4       CITIZENSHIP OR PLACE OF ORGANIZATION        United States
                        
        NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
                        
5       SOLE VOTING POWER

        464,078 includes 5,000 shares issuable upon 
        exercise of stock options and 4,158 shares 
        held in Far East Retirement Plan.
                                     
6       SHARED VOTING POWER
        
        40,400 includes 26,800 shares held by 
        Mr. Bernstein's wife and 13,600
        shares held by not-for-profit corporation 
        of which Mr. Bernstein is president and 
        trustee.
        
7       SOLE DISPOSITIVE POWER               See box 5
                                     
8       SHARED DISPOSITIVE POWER             See box 6
        
9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
        504,478

10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
        10.0%

12      TYPE OF REPORTING PERSON*
        IN


Item 1.

    (a)  Name of Issuer          Bel Fuse Inc.
     
    (b)  Address of Issuer's Principal Executive Offices  198  Van Vorst Street
                                                          Jersey City, 
                                                          New Jersey 07302
      
Item 2.

    (a)  Name of Person Filing         Elliot Bernstein
      
    (b)  Address of Principal  Business  Office or, if none,  Residence
                                                              c/o  Bel Fuse Inc.
                                                              198 Van Vorst St
                                                              Jersey City, 
                                                              New Jersey 07302
      
    (c)  Citizenship       United States
      
    (d)  Title of Class of Securities        Common Stock
      
    (e)  CUSIP Number            07734710-2
      
Item  3. If this statement is filed pursuant to Rule 13d-1(b), or  13d-2(b), 
         check whether the person filing is a:
(a)      Broker or Dealer registered under Section 15 of the Act

(b)      Bank as defined in section 3(a)(6) of the Act

(c)      lnsurance Company as defined in section 3(a)(19) of the act

(d)      Investment  Company registered under section 8 of the  Investment
         Company Act

(e)      Investment  Adviser  registered  under  section   203   of   the
         Investment Advisers Act of 1940

(f)      Employee  Benefit  Plan, Pension Fund which  is  subject  to  the
         provisions  of the Employee Retirement Income Security Act  of  1974
         or Endowment Fund; see 240.13d-1(b)(1)(ii)(F)

(g)      Parent  Holding  Company, in accordance with  240.13d-1(b)(ii)(G)
         (Note: See Item 7)

(h)      Group, in accordance with 240.13d-1(b)(1)(ii)(H)

Item 4.  Ownership
      
(a)   Amount Beneficially Owned           504,478

(b)   Percent of Class              10.0%

(c)   Number of shares as to which such person has:

       (i)   sole power to vote or to direct the vote                464,078*
      (ii)   shared power to vote or to direct the vote               40,400**
     (iii)   sole power to dispose or to direct the disposition of   464,078*
      (iv)   shared power to dispose or to direct the disposition of  40,400**
            

* Includes 5,000  shares  issuable upon exercise of stock  options  and  4,158
  shares held in Far East Retirement Plan.

**Includes 26,800  shares held by wife and 13,600 shares  held  for  not-for-
  profit corporation of which Mr. Bernstein is president and trustee.

Item 5.  Ownership of Five Percent or Less of a Class

         N/A
      
Item 6.  Ownership of More than Five Percent on Behalf of Another Person.

         N/A
      
Item 7.  Identification and Classification of the Subsidiary  Which  Acquired
         the Security Being Reported on By the Parent Holding Company

         N/A

Item 8.  Identification and Classification of Members of the Group

         N/A
      
Item 9.  Notice of Dissolution of Group

         N/A

Item 10. Certification

         N/A

                                 SIGNATURE

      After  reasonable  inquiry and to the best of my knowledge  and  belief,
I  certify  that  the  information  set  forth  in  this  statement  is  true,
complete and correct.
      
                                       February 12, 1996
                                       _______________________
                                             Date
                                       Elliot Bernstein
                               
                               
                                By: /s/ Peter H. Ehrenberg
                                             Signature
                               
                               
                                Peter H. Ehrenberg, Attorney-in-Fact
                                                Name/Title




   Attention:  Intentional misstatements or omissions of fact constitute
               Federal criminal violations (See 18 U.S.C. 1001)