I have Jenkins installed using DEB package on Ubuntu. After last automatic upgrade to 1.434 (or maybe a few releases back, I've haven't monitor Jenkins CI for a week or so) the home page shows only following error

ERROR

org.jvnet.hudson.reactor.ReactorException: java.lang.Error: java.lang.reflect.InvocationTargetException
at org.jvnet.hudson.reactor.Reactor.execute(Reactor.java:246)
at jenkins.model.Jenkins.executeReactor(Jenkins.java:816)
at jenkins.model.Jenkins.<init>(Jenkins.java:730)
at hudson.model.Hudson.<init>(Hudson.java:81)
at hudson.model.Hudson.<init>(Hudson.java:77)
at hudson.WebAppMain$2.run(WebAppMain.java:217)
Caused by: java.lang.Error: java.lang.reflect.InvocationTargetException
at hudson.init.InitializerFinder.invoke(InitializerFinder.java:114)
at hudson.init.InitializerFinder$TaskImpl.run(InitializerFinder.java:174)
at org.jvnet.hudson.reactor.Reactor.runTask(Reactor.java:259)
at jenkins.model.Jenkins$5.runTask(Jenkins.java:798)
at org.jvnet.hudson.reactor.Reactor$2.run(Reactor.java:187)
at org.jvnet.hudson.reactor.Reactor$Node.run(Reactor.java:94)
at java.util.concurrent.ThreadPoolExecutor$Worker.runTask(ThreadPoolExecutor.java:886)
at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:908)
at java.lang.Thread.run(Thread.java:662)
Caused by: java.lang.reflect.InvocationTargetException
at sun.reflect.NativeMethodAccessorImpl.invoke0(Native Method)
at sun.reflect.NativeMethodAccessorImpl.invoke(NativeMethodAccessorImpl.java:39)
at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl.java:25)
at java.lang.reflect.Method.invoke(Method.java:597)
at hudson.init.InitializerFinder.invoke(InitializerFinder.java:110)
... 8 more
Caused by: java.lang.NullPointerException
at hudson.diagnosis.NullIdDescriptorMonitor.verifyId(NullIdDescriptorMonitor.java:86)
... 13 more
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