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Today's BEST Heating Oil Prices in New jersey

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Save on Heating Oil: Compare Prices from 45 New Jersey Suppliers

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Today's New Jersey Oil Prices By City

Updated Today at 09:06 AM

Newark Heating Oil Prices

from $2.63 per gallon/gal

Jersey City Heating Oil Prices

from $2.68 per gallon/gal

Trenton Heating Oil Prices

from $2.80 per gallon/gal

Paterson Heating Oil Prices

from $2.63 per gallon/gal

Elizabeth Heating Oil Prices

from $2.68 per gallon/gal

Edison Heating Oil Prices

from $2.68 per gallon/gal

Clifton Heating Oil Prices

from $2.63 per gallon/gal

Plainfield Heating Oil Prices

from $2.68 per gallon/gal

Passaic Heating Oil Prices

from $2.63 per gallon/gal

Union City Heating Oil Prices

from $2.85 per gallon/gal

Bayonne Heating Oil Prices

from $2.68 per gallon/gal

East Orange Heating Oil Prices

from $2.63 per gallon/gal

North Bergen Heating Oil Prices

from $2.85 per gallon/gal

New Brunswick Heating Oil Prices

from $2.68 per gallon/gal

Princeton Heating Oil Prices

from $2.80 per gallon/gal

Piscataway Heating Oil Prices

from $2.68 per gallon/gal

Freehold Heating Oil Prices

from $2.79 per gallon/gal

Union Heating Oil Prices

from $2.63 per gallon/gal

Somerset Heating Oil Prices

from $2.68 per gallon/gal

Irvington Heating Oil Prices

from $2.63 per gallon/gal

Perth Amboy Heating Oil Prices

from $2.68 per gallon/gal

Wayne Heating Oil Prices

from $2.63 per gallon/gal

Hoboken Heating Oil Prices

from $2.85 per gallon/gal

Monroe Township Heating Oil Prices

from $2.68 per gallon/gal

Bloomfield Heating Oil Prices

from $2.63 per gallon/gal

West Orange Heating Oil Prices

from $2.63 per gallon/gal

East Brunswick Heating Oil Prices

from $2.68 per gallon/gal

Morristown Heating Oil Prices

from $2.63 per gallon/gal

Linden Heating Oil Prices

from $2.68 per gallon/gal

Englishtown Heating Oil Prices

from $2.68 per gallon/gal

Kearny Heating Oil Prices

from $2.85 per gallon/gal

North Brunswick Heating Oil Prices

from $2.68 per gallon/gal

Old Bridge Heating Oil Prices

from $2.68 per gallon/gal

Montclair Heating Oil Prices

from $2.63 per gallon/gal

Howell Heating Oil Prices

from $2.80 per gallon/gal

Asbury Park Heating Oil Prices

from $2.80 per gallon/gal

New Jersey Cash Heating Oil Delivery Map

Map of the COD Fuel Oil Delivery Service Area for NJ

New Jersey Best Oil Prices Per Gallon

Order Size (gallons)Credit (per gallon)(/gal)Cash (per gallon)(/gal)Updated At
100$2.63 $2.63 Nov 18, 2024, 9:02 AM
150$2.62 $2.62 Nov 18, 2024, 9:02 AM
200$2.62 $2.62 Nov 18, 2024, 9:02 AM
250$2.62 $2.62 Nov 18, 2024, 9:02 AM

New Jersey Heating Oil Price Trends

Updated Today at 12:00 AM

Time HorizonPrice Change
1 Day Trend-$0.011
1 Week Trend-$0.183
1 Month Trend-$0.258
1 Year Trend-$0.341

New Jersey Heating Oil Price History

Updated Today at 12:00 AM

DateAverage Oil Price
11/18/2024$2.785
11/15/2024$2.796
11/14/2024$2.810
11/13/2024$2.810
11/12/2024$2.810
11/11/2024$2.975
11/08/2024$2.968
11/07/2024$2.968
11/06/2024$2.968
11/05/2024$2.968
11/04/2024$2.968
11/01/2024$2.968
10/31/2024$2.968
10/30/2024$2.969
10/29/2024$2.987
10/28/2024$2.987
10/25/2024$3.002
10/24/2024$3.003
10/23/2024$3.000
10/22/2024$3.009
10/21/2024$2.999
10/18/2024$3.032
10/17/2024$3.036
10/16/2024$3.043
10/15/2024$3.059
10/14/2024$3.066
10/11/2024$3.063
10/10/2024$3.073
10/09/2024$3.081
10/08/2024$2.897

Propane vs. Natural Gas vs. Heating Oil: New Jersey Home Heating Fuel Comparison

Homeowners have a variety of home heating fuels to choose from. Natural gas is the most popular choice in New Jersey, used by 2,618,092 or 74.00% of homes. The 2nd most popular choice for New Jersey homeowners is electricity, used by 532,344 homes (15.05%). The remaining homes are heated with heating oil (258,381), propane (91,132), no fuel (30,011), and other fuels (40,620).

New Jersey Primary Home Heating Fuel Popularity by Number of Households

FuelNew Jersey Households % of Households
Natural Gas2.6M74.0%
Electricity532,34415.1%
Heating Oil258,3817.3%
Propane91,1322.6%
No Fuel30,0110.9%
Other Fuels19,8130.6%
Wood12,5020.3%
Solar7,3340.2%
Coal9710.0%

Natural gas (74.0%)

Electricity (15.1%)

Heating oil (7.3%)

Propane (2.6%)

No fuel (0.9%)

Other fuels (0.6%)

Wood (0.3%)

Solar (0.2%)

Coal (0.0%)

#2 Heating Oil (Fuel Oil) Use in New Jersey

Heating oil has become less popular in New Jersey. In the 6 years since 2016, the number of heating oil homes fell from 314,964 to 258,381, a 17.96% drop.

New Jersey Heating Oil Households (2011 - 2022)

YearHeating Oil Households
2011420,231
2012397,731
2013374,390
2014353,791
2015336,160
2016314,964
2017298,525
2018284,056
2019271,250
2020260,383
2021256,421
2022258,381

Propane vs. Natural Gas use for home heating in New Jersey

Between 2016 and today, the number of homes using propane as the primary space heating fuel rose from 61,761 to 91,132.

Between 2016 and today, the number of homes using natural gas as the primary space heating fuel rose from 2,383,517 to 2,618,092.

Electricity use for home heating in New Jersey

Electric space heating systems are becoming more popular in New Jersey. Since 2016, the number of homes heating with electricity rose from 391,307 to 532,344, a 36.04% increase.

Solar use for home heating in New Jersey

Solar is the most environmentally friendly of all space 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 in the basement.

Currently, 7,334 homes in New Jersey are heated with active solar arrays. This is a 311.33% increase from 2016, when only 1,783 homes had installed active solar heating.

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 varies from year to year, primarily depending on how cold each winter is. As the temperature outside gets colder, homes’ heating systems need to burn more and more oil to keep homes warm. Last winter in New Jersey, the average outside temperature was 13.9° F warmer than the prior winter's average outside temperature.

New Jersey Average Winter Temperature

Heating SeasonAverage Temperature
Winter 2023 - 202451.3° F
Winter 2022 - 202337.4° F

New Jersey Homeowner’s Guide to Selecting an Oil Company

For New Jersey homeowners heating with oil, selecting which of the 51 heating oil companies that serve New Jersey is an important decision.

Full Service Oil Companies: Homeowners willing to pay a premium for a “set-it-and-forget-it” heating system choose one of the 6 “full-service” oil companies that serve New Jersey. Full service companies such as Lawes Home Comfort or Globe Petroleum offer automatic fuel delivery and furnace repair under a single roof.

Discount Oil Companies: Also known by the names “COD Fuel Companies” or “Cash Heating Oil Companies”, these companies are for the budget-conscious New Jersey homeowner. In return for better prices, you monitor the oil level in your tank and place an order when you run low on oil. Examples of cash heating oil companies that serve New Jersey include Jacquar Fuel Oil and Globe Discount.

New Jersey Heating Oil Company Fast Facts

Heating Oil Companies Serving New Jersey: 51 companies

Average Number Of New Jersey Homes Served Per Company: 5,066 homes

Average Gallons Delivered per New Jersey Oil Company: 3,329,370 gallons per year

New Jersey Heating Oil Delivery Overview

Approximately 241,763 households in New Jersey heat their homes with fuel oil. This makes oil delivery essential, especially when New Jersey temperatures drop as low as 42.5° F each winter.

7% of New Jersey Households Rely On Heating Oil Delivery Each Winter

New Jersey HouseholdsNew Jersey Heating Oil Households
3.3M241,763

51 New Jersey Oil Companies Go the Distance

With 170 million gallons of heating oil delivered to New Jersey homeowners during the winter of 2023, the New Jersey community relies on its 51 oil companies to keep warm.

Oil delivery is a two step process: First, an oil truck picks up oil at the nearest bulk fuel terminal. In the case of New Jersey, two of the closest terminals are Buckeye in Buckeye, NJ and Meenan in Tullytown, PA. Then, the truck delivers the #2 heating oil to homes and businesses in New Jersey.

New Jersey Heating Oil Prices FAQs

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 $4.94 for a 100-gallon order. This is $2.16 per gallon more than the current average price of $2.79, and $2.32 per gallon more than the lowest price currently available, which is $2.62. 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.

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 $2.62 per gallon. The price of heating oil in New Jersey ranges from a low of $2.62 to a high of $2.90. The average heating oil price in New Jersey state is $2.79.

How much is oil per gallon in New Jersey?

As of today, November 18th, 2024, the average price of oil is $2.79 per gallon for a 100-gallon order paid by credit card. Prices can vary from $2.62 to $2.90 per gallon, depending on factors such as delivery address, oil company, order size, and payment method.

How much is oil for heat in New Jersey?

Currently, the price of oil for heating in New Jersey ranges from $2.62 to $2.90 per gallon for a 100-gallon delivery. Some oil companies offer various discounts, including cash discounts, volume discounts, military discounts, and senior discounts.

How much is home heating oil right now in New Jersey?

The current price of home heating oil in New Jersey ranges from $2.62 to $2.90 per gallon for a 100-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 $2.62 to $2.90 per gallon, depending on the delivery address and the oil company. The average price is $2.79 per gallon.

How much does 100 gallons of heating oil cost in New Jersey?

On average, 100 gallons of heating oil costs $279.00 in New Jersey. Prices range from $262.00 to $290.00, depending on the oil company.

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

Today in New Jersey, the price of home heating oil is $2.62 per gallon, which amounts to $262.00 for a 100-gallon order (excluding any applicable taxes).

Is the price of heating oil in New Jersey rising or falling?

The price of heating oil in New Jersey has been falling over the last 7 days, with a total decrease of $0.34 per gallon.

Is heating oil going up or down in New Jersey?

Heating oil prices have down in New Jersey by $0.34 per gallon over the past 7 days, which amounts to a $34.00 for a 100-gallon order.

What is the average price of home heating oil in New Jersey?

The average price of home heating oil in New Jersey is $2.79 per gallon.

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.