First is declared object:
Object ob;
Note that declarations do not instantiate objects. When object is declared, its value is initially set to null.
Second is declared and instantiated object:
Object ob = new Object();
In this case you are initialize new object of type Object over constructor methods.
Quick info you can get here. You can also get a lot of information in various java tutorials.
solved Object ob; and Object ob = new Object; [closed]