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$3.20 Cheapest heating oil price in New Jersey
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150 gallons Heating Oil
$120.00
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$120.00
Feb 25
$120.00
Mar 11
$120.00
Mar 25
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Oil Companies
New Jersey Homeowner’s Guide to Selecting an Oil Company
For New Jersey homeowners heating with number two heating oil, picking which of the 57 heating oil companies that serve New Jersey can drastically impact the cost of home heating.
Full Service Oil Companies: Homeowners who are willing to pay a premium for a “set-it-and-forget-it” heating system select one of the 7 “full-service” oil companies that serve New Jersey. Full service companies such as Lawes Home Comfort or Globe Petroleum offer families annual contracts which consist of a combined package of both automatic number two heating oil delivery and heating system repair. With an automatic heating oil delivery contract, the company tracks your home’s oil consumption and makes deliveries when your tank is running low. The family does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: Often called “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for clients who are budget-conscious. With discount oil companies, in exchange for lower prices, you monitor the oil level in your tank, and you place an oil order when the oil gauge dips below a quarter tank. Some of the 2 New Jersey cash heating oil companies serving New Jersey include Jacquar Fuel Oil and Globe Discount.
New Jersey Number Two Heating Oil Company Statistics: Heating oil Companies Serving New Jersey: 57 companies .
Average Number of New Jersey Homes Served per Heating Oil company : 3251
New Jersey Heating Oil Trends
Last year, New Jersey homeowners purchased a total of 170 million gallons of heating oil.
Short Term Trends
New Jersey’s overall number two heating oil usage varies each year depending on winter temperatures. As the temperature outside drops, homes’ boilers need to burn additional heating oil to maintain a constant interior temperature. Last winter, the average outside temperature in New Jersey was 33.5°F, which was 4.7°F colder than the prior winter's average outside temperature.
New Jersey Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 33.5° F |
| 2023 - 2024 | 38.2° F |
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Oil Prices
Cheapest New Jersey Oil Price Per Gallon
| Quantity | Price | Updated At |
|---|---|---|
| 100 gallonsgals | $3.57 per gallon/gal | Feb 11, 2026, 1:00 PM |
| 150 gallonsgals | $3.20 per gallon/gal | Feb 11, 2026, 1:00 PM |
| 200 gallonsgals | $3.18 per gallon/gal | Feb 11, 2026, 1:00 PM |
| 250 gallonsgals | $3.18 per gallon/gal | Feb 11, 2026, 1:00 PM |
Cheapest New Jersey Heating Oil Price Trends
Updated Today
| Time Horizon | Price Change |
|---|---|
| 1 Month Trend | +$0.250 |
| 1 Year Trend | +$0.310 |
Cheapest New Jersey Heating Oil Price History
Updated Today
| Date | Price |
|---|---|
| 02/10/2026 | $3.150 |
| 02/09/2026 | $3.150 |
| 02/08/2026 | $3.150 |
| 02/05/2026 | $3.150 |
| 02/04/2026 | $3.150 |
| 02/03/2026 | $3.150 |
| 02/02/2026 | $3.150 |
| 02/01/2026 | $3.150 |
| 01/29/2026 | $3.150 |
| 01/28/2026 | $3.150 |
| 01/27/2026 | $3.150 |
| 01/26/2026 | $3.150 |
| 01/25/2026 | $2.900 |
| 01/22/2026 | $2.900 |
| 01/21/2026 | $2.900 |
| 01/20/2026 | $2.900 |
| 01/19/2026 | $2.900 |
| 01/18/2026 | $2.819 |
| 01/15/2026 | $2.830 |
| 01/14/2026 | $2.900 |
| 01/13/2026 | $2.600 |
| 01/12/2026 | $2.600 |
| 01/11/2026 | $2.600 |
| 01/08/2026 | $2.860 |
| 01/07/2026 | $2.860 |
| 01/06/2026 | $2.900 |
| 01/05/2026 | $2.900 |
| 01/04/2026 | $2.900 |
| 01/01/2026 | $2.890 |
| 12/31/2025 | $2.900 |
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Average New Jersey Heating Oil Price Trends
Updated on February 2, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.276 |
| 1 Month Trend | +$0.548 |
| 3 Month Trend | +$0.553 |
| 1 Year Trend | +$0.283 |
Average New Jersey Heating Oil Price History
Updated on February 2, 2026
| Date | Price |
|---|---|
| 02/02/2026 | $4.421 |
| 01/26/2026 | $4.145 |
| 01/19/2026 | $3.984 |
| 01/12/2026 | $3.885 |
| 01/05/2026 | $3.873 |
| 12/29/2025 | $3.878 |
| 12/22/2025 | $3.872 |
| 12/15/2025 | $3.939 |
| 12/08/2025 | $4.002 |
| 12/01/2025 | $3.951 |
| 11/24/2025 | $4.050 |
| 11/17/2025 | $4.044 |
| 11/10/2025 | $3.990 |
| 11/03/2025 | $3.868 |
| 10/27/2025 | $3.844 |
| 10/20/2025 | $3.776 |
| 10/13/2025 | $3.792 |
| 10/06/2025 | $3.599 |
| 09/29/2025 | $3.930 |
| 09/22/2025 | $3.874 |
| 09/15/2025 | $3.913 |
| 09/08/2025 | $3.894 |
| 09/01/2025 | $3.892 |
| 08/25/2025 | $3.929 |
| 08/18/2025 | $3.822 |
| 08/11/2025 | $3.873 |
| 08/04/2025 | $3.899 |
| 07/28/2025 | $3.985 |
| 07/21/2025 | $4.091 |
| 07/14/2025 | $3.972 |
| 07/07/2025 | $3.992 |
| 06/30/2025 | $3.852 |
| 06/23/2025 | $3.861 |
| 06/16/2025 | $4.032 |
| 06/09/2025 | $3.728 |
| 06/02/2025 | $3.646 |
| 05/26/2025 | $3.667 |
| 05/19/2025 | $3.729 |
| 05/12/2025 | $3.658 |
| 05/05/2025 | $3.628 |
| 04/28/2025 | $3.835 |
| 04/21/2025 | $3.768 |
| 04/14/2025 | $3.767 |
| 04/07/2025 | $3.691 |
| 03/31/2025 | $3.877 |
| 03/24/2025 | $3.886 |
| 03/17/2025 | $3.896 |
| 03/03/2025 | $4.088 |
| 02/24/2025 | $4.142 |
| 02/17/2025 | $4.138 |
Today's New Jersey Oil Prices By City
Updated Today at 08:00 AM
Heating Oil
20 Seconds Can Save New Jersey Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: New Jersey Home Heating Fuel Comparison
Homes have a variety of fuels to choose from when it comes to heating. Natural Gas is the most common choice in New Jersey, used by 2,627,206 or 74% of homeowners. The 2nd most popular primary heating fuel for New Jersey households is Electricity, used by 617,773 homes (17%). The rest of the homes are heated with Heating Oil (5%), Propane (2%), Other (0.4%), and Solar (0.3%).
New Jersey Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 2,627,206 | 70,406 | 617,773 | 185,324 | 10,688 | 11,798 | 14,006 |
| 2024 | 2,623,428 | 66,233 | 592,186 | 198,050 | 10,223 | 10,926 | 13,381 |
| 2023 | 2,552,593 | 95,605 | 606,537 | 215,314 | 10,749 | 9,388 | 20,755 |
| 2022 | 2,560,329 | 89,511 | 568,299 | 231,690 | 10,054 | 7,925 | 17,145 |
| 2021 | 2,545,038 | 87,258 | 555,363 | 240,765 | 9,820 | 7,643 | 19,506 |
| 2020 | 2,509,666 | 79,338 | 501,738 | 241,254 | 10,094 | 6,464 | 16,414 |
| 2019 | 2,474,295 | 71,419 | 448,114 | 241,742 | 10,368 | 5,284 | 13,323 |
| 2018 | 2,435,183 | 67,930 | 437,888 | 258,889 | 12,069 | 4,626 | 14,313 |
| 2017 | 2,425,008 | 62,490 | 415,119 | 271,265 | 11,994 | 4,801 | 12,938 |
| 2016 | 2,389,530 | 59,916 | 423,650 | 271,179 | 13,466 | 3,212 | 14,924 |
| 2015 | 2,398,744 | 61,082 | 385,792 | 299,222 | 14,398 | 1,781 | 12,721 |
| 2014 | 2,393,423 | 62,396 | 384,329 | 309,236 | 14,471 | 1,748 | 13,957 |
| 2013 | 2,354,824 | 60,943 | 388,226 | 329,733 | 17,421 | 1,270 | 10,710 |
| 2012 | 2,368,222 | 60,990 | 377,997 | 356,378 | 13,974 | 1,002 | 10,889 |
| 2011 | 2,342,608 | 58,315 | 360,855 | 376,568 | 11,869 | 332 | 7,917 |
| 2010 | 2,344,455 | 63,241 | 343,112 | 392,540 | 11,886 | 325 | 8,439 |
Heating Oil (Fuel Oil) Use in New Jersey
Heating oil has become less frequently used in New Jersey. In the 2 years since 2023, the number of families using heating oil dropped from 215,314 to 185,324, a 14% drop.
Propane vs. Natural Gas use for home heating in New Jersey
Between 2023 and today, the number of houses using propane as the primary space heating fuel dipped from 95,605 to 70,406, a 26% change. Comparing 2023 and today, the number of homes using natural gas as the primary space heating fuel increased from 2,552,593 to 2,627,206, a 3% change.
Electricity use for home heating in New Jersey
Electric heat pump systems for home heating are more prevalent in New Jersey. Since 2023, the number of homes heating with electricity rose from 606,537 to 617,773, a 2% change.
Adoption of solar home heating systems in New Jersey
The most eco-friendly heating option is solar. With an “active” solar heating system, liquid is circulated between solar panels on a home’s roof and a heat energy storage tank (similar to a hot water heater) in the basement. Now, 11,798 homes in New Jersey are heated with active solar arrays. This is a 26% gain from 2023, when 9,388 homes incorporated active solar heating.
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Oil Delivery
New Jersey Heating Oil Delivery Map
New Jersey Heating Oil Delivery Overview
185,324 residences in New Jersey heat their homes with heating oil. This makes oil delivery essential, especially when New Jersey temperatures drop as low as 28.8° F each winter. 5% of New Jersey families are reliant on heating oil delivery each winter.
5% of New Jersey Households Rely On Heating Oil Delivery Each Winter
| New Jersey Households | New Jersey Heating Oil Households |
|---|---|
| 3.5M | 185,324 |
57 New Jersey Oil Companies You Can Bank On
With 169,797,916.341 gallons of heating oil delivered to New Jersey families last winter, the New Jersey community looks to its 57 oil companies to keep their oil tanks full. Oil delivery has two parts to it: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of New Jersey, two of the closest terminals are Sunoco in Linden, NJ and Sunoco in Linden, NJ. Then, the truck delivers the number two heating oil to residences and companies throughout New Jersey and the surrounding vicinity.
New Jersey Heating Oil Prices FAQs
What is the price of home heating oil today in New Jersey?
Today in New Jersey, the price of home heating oil is $3.20 per gallon, which amounts to $480.00 for a 150-gallon order (excluding any applicable taxes).
How high will oil go in New Jersey?
There’s no limit to how high oil prices can go in New Jersey. Over the past year, New Jersey heating oil prices per gallon have risen as high as $4.42 for a 150-gallon order. This is $0.00 per gallon less than the current average price of $4.42, and $1.22 per gallon more than the lowest price currently available, which is $3.20. Home heating oil prices fluctuate daily based on several factors, including demand, local fuel inventories at terminals (such as CITGO), and the price of crude oil.
Is the price of heating oil in New Jersey rising or falling?
Heating oil prices have remained unchanged in New Jersey over the past 7 days.
How much is home heating oil right now in New Jersey?
The current price of home heating oil in New Jersey ranges from $3.20 to $4.42 per gallon for a 150-gallon order paid by credit card. Prices can vary based on location, and cash or volume discounts may be available.
What is the current price of heating oil in New Jersey?
The current price of heating oil in New Jersey ranges from $3.20 to $4.42 per gallon, depending on the delivery address and the oil company. The average price is $4.42 per gallon.
What is the best price per gallon of home heating oil in New Jersey?
The best price of home heating oil in New Jersey today is $3.20 per gallon. The price of heating oil in New Jersey ranges from a low of $3.20 to a high of $4.42.
Is heating oil going up or down in New Jersey?
Heating oil prices have remained stable in New Jersey over the past 7 days.
How much is oil for heat in New Jersey?
Currently, the price of oil for heating in New Jersey ranges from $3.20 to $4.42 per gallon for a 150-gallon delivery. Some oil companies offer various discounts, including cash discounts, volume discounts, military discounts, and senior discounts.
How much is oil per gallon in New Jersey?
As of today, February 11th, 2026, the price of oil is $3.20 per gallon for a 150-gallon order paid by credit card. Prices can vary from $3.20 to $4.42 per gallon, depending on factors such as delivery address, oil company, order size, and payment method.
How much does 150 gallons of heating oil cost in New Jersey?
150 gallons of heating oil costs $480.00 in New Jersey.
Is heating oil taxable in New Jersey?
Home heating oil used for residential heating is exempt from sales tax, but heating oil purchases for other uses are taxable, unless the buyer has an exemption.
