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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 is an important decision.
Full Service Oil Companies: Homeowners who want 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 fuel oil delivery contract, the company tracks your home’s number two heating oil consumption and makes deliveries when your tank is running low. The client does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: Also known by the names “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for clients who are budget-conscious. 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. Some of the 2 New Jersey cash heating oil companies serving New Jersey include Jacquar Fuel Oil and Globe Discount.
New Jersey Oil Company Statistics: Heating oil Companies Serving New Jersey: 57 companies .
Average Number of New Jersey Households Served per Number Two 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 heating oil use changes from year to year based on the severity of the winter. As the temperature outside drops, homes’ furnaces need to burn additional number two heating 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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Average New Jersey Heating Oil Price Trends
Updated on March 2, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.150 |
| 1 Month Trend | +$0.200 |
| 3 Month Trend | +$0.670 |
| 1 Year Trend | +$0.725 |
Average New Jersey Heating Oil Price History
Updated on March 2, 2026
| Date | Price |
|---|---|
| 03/02/2026 | $4.621 |
| 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 |
Today's New Jersey Oil Prices By City
Updated Today at 01:06 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
Homeowners have a host of fuels that can be used when it comes to heating. Natural Gas is the most common choice in New Jersey, used by 2,627,206 or 74% of residents. The next most popular primary heating fuel for New Jersey homeowners is Electricity, used by 617,773 homes (17%). The other 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 less popular in New Jersey. In the 3 years since 2022, the number of families using oil dipped from 231,690 to 185,324, a 20% drop.
Propane vs. Natural Gas use for home heating in New Jersey
Between 2022 and today, the number of households using propane as the primary space heating fuel dipped from 89,511 to 70,406, a 21% change. Comparing 2022 and today, the number of homes using natural gas as the primary space heating fuel rose from 2,560,329 to 2,627,206, a 3% change.
Electricity use for home heating in New Jersey
Electric heat pump systems for home heating are more popular in New Jersey. Since 2022, the number of homes heating with electricity grew from 568,299 to 617,773, a 9% 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. As it stands today, 11,798 homes in New Jersey are heated with active solar arrays. This is a 49% gain from 2022, when 7,925 homes utilized active solar heating.
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New Jersey Heating Oil Delivery Map

New Jersey Heating Oil Delivery Overview
185,324 households in New Jersey heat their homes with number two 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 houses rely on number two 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 Fuel Oil Companies Serving The Community
With 169,797,916.341 gallons of fuel oil delivered to New Jersey families during this past winter, the New Jersey community relies on its 57 oil companies when temperatures dip. 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 oil to residences and companies throughout New Jersey and the surrounding area.
New Jersey Heating Oil Prices FAQs
Is the price of heating oil in New Jersey rising or falling?
Is heating oil going up or down in New Jersey?
Is heating oil taxable in New Jersey?