Nikon 1 J4 has a 18.0MP 1' (13.2 x 8.8 mm ) sized CMOS sensor and features Expeed 4 processor. On the other hand, Nikon 1 J3 has a 14.0MP 1-inch (13.2 x 8.8 mm ) sized CMOS sensor .
Below you can see the 1 J4 and 1 J3 sensor size comparison.
Nikon 1 J4 and Nikon 1 J3 have sensor sizes so they will provide same level of control over the depth of field when used with same focal length and aperture. On the other hand, since Nikon 1 J3 has 28% larger pixel area (8.20µm2 vs 6.36µm2) compared to Nikon 1 J4, it has larger pixel area to collect light hence potential to have less noise in low light / High ISO images.