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Today's BEST Heating Oil Prices in New jersey

NJ

Cheapest heating oil price in New Jersey

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150 gallons Heating Oil

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$60.75

Today

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$60.75

Mar 19

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$60.75

Apr 2

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$60.75

Apr 16

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Oil Companies

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 SeasonAverage Temperature
2024 - 202533.5° F
2023 - 202438.2° F

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Oil Prices

Average New Jersey Heating Oil Price Trends

Updated on March 2, 2026

Time HorizonPrice 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

DatePrice
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

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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)

YearNatural GasPropaneElectricityOilWoodSolarOther
20252,627,20670,406617,773185,32410,68811,79814,006
20242,623,42866,233592,186198,05010,22310,92613,381
20232,552,59395,605606,537215,31410,7499,38820,755
20222,560,32989,511568,299231,69010,0547,92517,145
20212,545,03887,258555,363240,7659,8207,64319,506
20202,509,66679,338501,738241,25410,0946,46416,414
20192,474,29571,419448,114241,74210,3685,28413,323
20182,435,18367,930437,888258,88912,0694,62614,313
20172,425,00862,490415,119271,26511,9944,80112,938
20162,389,53059,916423,650271,17913,4663,21214,924
20152,398,74461,082385,792299,22214,3981,78112,721
20142,393,42362,396384,329309,23614,4711,74813,957
20132,354,82460,943388,226329,73317,4211,27010,710
20122,368,22260,990377,997356,37813,9741,00210,889
20112,342,60858,315360,855376,56811,8693327,917
20102,344,45563,241343,112392,54011,8863258,439

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.

Why New Jersey Homeowners Choose Heat Fleet?

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New Jersey Heating Oil Delivery Map

Map of the COD Fuel Oil Delivery Service Area for NJ

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 HouseholdsNew Jersey Heating Oil Households
3.5M185,324

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?

Heating oil prices have remained unchanged in New Jersey over the past 7 days.

Is heating oil going up or down in New Jersey?

Heating oil prices have remained stable in New Jersey over the past 7 days.

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.