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Cheapest heating oil price in New Jersey
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New Jersey Homeowner’s Guide to Selecting an Oil Company
For New Jersey families 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 prefer a “set-it-and-forget-it” heating system pick one of the 7 “full-service” oil companies that serve New Jersey. Full service companies such as Lawes Home Comfort or Globe Petroleum offer households annual contracts which consist of a combined package of both automatic oil delivery and furnace repair. With an automatic heating oil delivery contract, the company tracks your home’s fuel oil consumption and makes deliveries when your tank is running low. The household does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: also referred to as “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for clients who are looking to save money. With discount oil companies, in return for better prices, you monitor the oil level in your tank, and you place an oil order either when the level runs low or just before a major snowstorm. A few 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 By The Numbers: Oil Companies Serving New Jersey: 57 companies .
Average Number of New Jersey Households Served per Fuel 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 fuel oil use fluctuates yearly based on the severity of the winter. As the temperature outside dips, homes’ furnaces need to burn more and more fuel oil to keep the house warm inside. 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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Cheapest New Jersey Heating Oil Price Trends
Updated Today
| Time Horizon | Price Change |
|---|---|
| 1 Month Trend | +$0.250 |
| 1 Year Trend | +$0.260 |
Cheapest New Jersey Heating Oil Price History
Updated Today
| Date | Price |
|---|---|
| 03/02/2026 | $3.150 |
| 03/01/2026 | $3.150 |
| 02/26/2026 | $3.150 |
| 02/25/2026 | $3.150 |
| 02/24/2026 | $3.150 |
| 02/23/2026 | $3.150 |
| 02/22/2026 | $3.150 |
| 02/19/2026 | $3.150 |
| 02/18/2026 | $3.150 |
| 02/17/2026 | $3.150 |
| 02/16/2026 | $3.150 |
| 02/15/2026 | $3.150 |
| 02/12/2026 | $3.150 |
| 02/11/2026 | $3.150 |
| 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 |
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Average New Jersey Heating Oil Price Trends
Updated on February 23, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.036 |
| 1 Month Trend | +$0.326 |
| 3 Month Trend | +$0.421 |
| 1 Year Trend | +$0.383 |
Average New Jersey Heating Oil Price History
Updated on February 23, 2026
| Date | Price |
|---|---|
| 02/23/2026 | $4.471 |
| 02/16/2026 | $4.435 |
| 02/09/2026 | $4.434 |
| 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 |
Today's New Jersey Oil Prices By City
Updated Today at 01:00 PM
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
Families have a host of fuels to choose from when it comes to heating. Natural Gas is the most popular choice in New Jersey, used by 2,627,206 or 74% of households. The 2nd most popular primary heating fuel for New Jersey families 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
Oil has become decreasing in demand in New Jersey. In the 4 years since 2021, the number of households using number two heating oil dropped from 240,765 to 185,324, a 23% drop.
Propane vs. Natural Gas use for home heating in New Jersey
Between 2021 and today, the number of households using propane as the primary space heating fuel fell from 87,258 to 70,406, a 19% change. Comparing 2021 and today, the number of homes using natural gas as the primary space heating fuel ramped up from 2,545,038 to 2,627,206, a 3% change.
Electricity use for home heating in New Jersey
Electric heat pump systems for home heating are increasing in demand in New Jersey. Since 2021, the number of homes heating with electricity ramped up from 555,363 to 617,773, a 11% change.
Adoption of solar home heating systems in New Jersey
Solar is the most environmentally friendly of all heating fuels. 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. As it stands today, 11,798 homes in New Jersey are heated with active solar arrays. This is a 54% gain from 2021, when 7,643 homes utilized active solar heating.
Why New Jersey Homeowners Choose Heat Fleet?
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New Jersey Heating Oil Delivery Map

New Jersey Heating Oil Delivery Overview
185,324 families 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 residences 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 Number Two Heating Oil Companies Homeowners Can Count On
With 169,797,916.341 gallons of fuel oil delivered to New Jersey homes during this past winter, the New Jersey community looks to its 57 oil companies when temperatures dip. Oil delivery is a two step process: 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 oil to residences and companies throughout New Jersey and the surrounding region.
New Jersey Heating Oil Prices FAQs
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