It still doesn't make sense to use any Nikon F lens on a Nikon 1 camera. I would only bother if the Nikon F lens is one of:
- Fast (large aperture)
- Very long (tele, large magnification)
- Macro (close focus distance)
A lens in the first category is the entry level fast portrait lens, the Nikon 85mm f/1.8G. To understand why an 85mm lens is called a portrait lens, you can read this article.
On a Nikon 1 camera, this lens becomes equivalent to 230mm f/1.8, due to the 2.7x crop factor. Such a lens can be interesting for various purposes, for example low light photography in concerts or theatres. Here you see the Nikon 85mm f/1.8G mounted to the Nikon FT-1 (to the left), compared with the native CX 70-300mm f/4.5-5.6 to the right, mounted to the Nikon 1 V3.