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Heating Oil Prices in New Jersey

New Jersey average residential heating oil price

$6.31 per gallon

Week of Oct 12, 2026 · EIA value $6.313

Change vs last week
↑ $0.184 (+3.0%)
Year ago
$3.79
Now up 66.5% from a year ago

Compared with other prices this week

  • $0.17 above the U.S. average ($6.14)
  • $0.08 above the Central Atlantic average ($6.23)
  • New Jersey ranks #2 of 21 states (1 = highest price).

Change vs last week: ↑ $0.184 (+3.0%)

A 200-gallon delivery

$1,262.60

Fuel only at the EIA average

Typical winter heating oil bill

$2,485

2,000 sq ft, average insulation (our estimate)

Cold-climate heat pump

$979

About $1,506 less than heating oil (our estimate)

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Cost to fill a heating oil tank in New Jersey

Fuel cost at the New Jersey average price
DeliveryGallonsFuel cost
150 gallon delivery150 gal$946.95
200 gallon delivery200 gal$1,262.60
250 gallon delivery250 gal$1,578.25

Fuel only at the EIA average price. Delivery fees, taxes and minimum deliveries are extra.

New Jersey heating oil price trend

Weekly EIA averages since October 2025.

$3.25$4.92$6.59Oct 2025Oct 2026$6.31
New JerseyU.S. average

Winter heating oil cost for a typical New Jersey home

A typical New Jersey home (2,000 sq ft, average insulation) would use about 394 gallons of heating oil over the winter, roughly $2,485 at this week's price. That is an estimate; change the inputs in the calculator.

Assumes 2,000 sq ft, average insulation, AFUE 0.83, and normal October–March weather (NOAA 1991–2020).

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Switch to a heat pump? Oil vs other fuels in New Jersey

Estimated winter heating cost by fuel
FuelPrice usedEst. winter cost
Heating oil$6.313/gal$2,485
Propane$3.988/gal$2,466
Natural gas$1.55/therm$877
Electric baseboard$0.236/kWh$3,130
Cold-climate heat pump$0.236/kWh$979

Same home, same weather, each fuel at its own efficiency. Gas and electric use 12-month average prices. Estimates only.

Compare in detail with the heat pump cost calculator.

New Jersey heating oil prices at a glance

New Jersey ranks #2 of 21 states for heating oil price this week, at $6.31 per gallon.

See also propane prices in New Jersey.

Prices come from EIA's weekly survey and do not include taxes or delivery fees. For a full explanation, read our methodology.

Nearby states

All heating oil prices by state · Heating calculators

Frequently asked questions

What is the price of heating oil in New Jersey today?

The average residential heating oil price in New Jersey was $6.31 per gallon for the week of Oct 12, 2026, per the U.S. Energy Information Administration (excluding taxes).

How much is a 200-gallon heating oil delivery in New Jersey?

At $6.31 per gallon, 200 gallons costs about $1,262.60 for the fuel alone. Delivery fees, taxes and minimum-delivery rules from your dealer are extra.

Is a heat pump cheaper than oil in New Jersey?

In our estimate for a typical New Jersey home, a cold-climate heat pump costs about $979 per winter against $2,485 for heating oil. Your savings depend on your electric rate, home and equipment, and installation cost is not included.