SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                  SCHEDULE 13G


                    Under the Securities Exchange Act of 1934

                               (Amendment No. 5)*




                                 BEL FUSE, INC.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                                  COMMON STOCK
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   07734710-2
- --------------------------------------------------------------------------------
                                 (CUSIP Number)



*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).








                              CUSIP NO. 07734710-2
- --------------------------------------------------------------------------------

(1)     Names of Reporting Persons.  S.S. or I.R.S. Identification Nos. of Above
        Persons:   Howard B. Bernstein, ###-##-####
- --------------------------------------------------------------------------------

(2)     Check the Appropriate Box if a Member of a Group (See Instructions)
        (a) ____
        (b) ____
- --------------------------------------------------------------------------------

(3)     SEC Use Only
- --------------------------------------------------------------------------------

(4)     Citizenship or Place of Organization:  United States
- --------------------------------------------------------------------------------

Number of Shares Beneficially Owned by Each (5) Sole Voting Power:  290,300
      Reporting Person With
                                            (6) Shared Voting Power:  500
                                                  share held by wife
                                            (7) Sole Dispositive Power:   
                                                  see box 5
                                            (8) Shared Dispositive Power:
                                                  see box 6

- --------------------------------------------------------------------------------


(9)     Aggregate Amount Beneficially Owned by Each Reporting Person:  290,800

- --------------------------------------------------------------------------------

(10)    Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
        Instructions)

- --------------------------------------------------------------------------------

(11)    Percent of Class Represented by Amount in Row (9): 5.7%

- --------------------------------------------------------------------------------

(12)     Type of Reporting Person (See Instructions):  IN
- --------------------------------------------------------------------------------




Item 1(a).  Name Of Issuer:  Bel Fuse, Inc.

- --------------------------------------------------------------------------------

Item 1(b).  Address of Issuer's Principal Executive Offices:  198 Van Vorst 
            Street, Jersey City, New Jersey 07302

- --------------------------------------------------------------------------------

   Item 2(a).  Name of Person Filing:  Howard B. Bernstein

- --------------------------------------------------------------------------------

Item 2(b).  Address of Principal Business Office or, if None, Residence:  
            c/o Bel Fuse, Inc., 198 Van Vorst Street, Jersey City, 
            New Jersey  07302

- --------------------------------------------------------------------------------

Item 2(c).  Citizenship:  United States

- --------------------------------------------------------------------------------

Item 2(d).  Title of Class of Securities:  Common Stock

- --------------------------------------------------------------------------------

Item 2(e).  CUSIP No.:  07734710-2
- --------------------------------------------------------------------------------

Item 3.  If This Statement Is Filed Pursuant to Rules 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) [ ] Insurance 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 Rule 13d-1(b)(1)(ii)(H).

        (g) [ ] Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G) 
(Note:  See Item 7).

        (h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H).

Item 4.  Ownership

        (a)  Amount Beneficially Owned (as of December 31, 1996):

             290,800

        (b)  Percent of Class (as of December 31, 1996):

             5.7%

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

            (i) sole power to vote or to direct the vote   290,300

           (ii) shared power to vote or to direct the vote    500*

          (iii) sole power to dispose or to direct the disposition of  290,300

          (iv)  shared power to dispose or to direct the disposition of 500*

* 500 shares held by Mr. Bernstein's wife.

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 11, 1997
                                     _______________________________
                                     (Date)

                                     HOWARD B. BERNSTEIN

                                     
                                     By:   /s/ Laura R. Kuntz
                                     ________________________________
                                     (Signature)



                                     Laura R. Kuntz, Attorney-in-Fact
                                     _________________________________
                                     (Name/Title)


                                POWER OF ATTORNEY

     Know all by these  presents,  that the undersigned  hereby  constitutes and
appoints each of Peter H. Ehrenberg and Laura R. Kuntz, signing singly, his true
and lawful attorney-in-fact to:

1.   execute  for and on behalf  of the  undersigned  reports  on  Schedule  13G
     (including any amendments  thereto) in accordance with Section 13(g) of the
     Securities Exchange Act of 1934 and the rules thereunder;

2.   do and perform any and all acts for and on behalf of the undersigned  which
     may be necessary or desirable to complete the execution of any such reports
     or amendments thereto and the timely filing of such reports with the United
     States Securities and Exchange Commission and any other authority; and

3.   take  any  other  action  of any type  whatsoever  in  connection  with the
     foregoing which, in the opinion of such attorney-in-fact, may be of benefit
     to, in the best interest of, or legally  required by, the  undersigned,  it
     being understood that the documents  executed by such  attorney-in-fact  on
     behalf of the  undersigned  pursuant to this Power of Attorney  shall be in
     such  form  and  shall   contain   such  terms  and   conditions   as  such
     attorney-in-fact may approve in his/her discretion.

     The undersigned hereby grants to each such  attorney-in-fact full power and
authority  to do and perform all and every act and thing  whatsoever  requisite,
necessary  and proper to be done in the exercise of any of the rights and powers
herein granted, as fully and to all intents and purposes as he might or could do
in person, with full power of substitution and resubstitution,  hereby ratifying
and  confirming  all  that  such  attorney-in-fact,  or  his/her  substitute  or
substitutes,  shall  lawfully  do or cause to be done by virtue of this Power of
Attorney and the rights and powers herein granted. The undersigned  acknowledges
that the foregoing attorneys-in-fact, in serving in such capacity at the request
of the undersigned,  are not assuming any of the undersigned's  responsibilities
to comply with Section 13 of the Securities Exchange Act of 1934.

     IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 6 day of February, 1997.


                                             /s/ Howard Bernstein
                                             _________________________________
                                             Howard Bernstein