<DOCUMENT>
<TYPE>EX-23.2
<SEQUENCE>2
<FILENAME>tex23_2-8139.txt
<DESCRIPTION>EX-23.2
<TEXT>
<PAGE>

            CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We have issued our report dated December 1, 2004, accompanying the consolidated
financial statements of Magyar Bank (formerly Magyar Savings Bank) as contained
in this Pre-Effective Amendment No. 2 of the Registration Statement and
Prospectus on Form SB-2/A (File No. 333-128392) to be filed with the Securities
and Exchange Commission and the Application for Conversion of Magyar Bancorp,
Inc. to be filed with the Federal Deposit Insurance Corporation and the New
Jersey Department of Banking and Insurance. We consent to the use of the
aforementioned report in the Registration Statement and Prospectus and the
Application for Conversion and to the use of our name as it appears under the
caption "Experts."

/s/ Grant Thornton LLP

Philadelphia, Pennsylvania
November 7, 2005
</TEXT>
</DOCUMENT>
