Heating Oil Prices in New Jersey (Week of Oct 19, 2026)
Residential heating oil in New Jersey averaged $6.38 a gallon for the week of Oct 19, 2026 (+4.1% in two weeks) – 3% above the US average and the 19th lowest of 21 states EIA surveys.
Source: EIA Heating Oil and Propane Update (weekly, excluding taxes). Updated automatically each week from October to March.
Cost to fill a tank in New Jersey
| Delivery | Gallons | Cost at $6.38/gal |
|---|---|---|
| 275-gallon tank (fill from 1/4) | 200 | $1,276.40 |
| 275-gallon tank (full fill) | 250 | $1,595.50 |
| 330-gallon tank (fill from 1/4) | 240 | $1,531.68 |
Before sales tax, delivery minimums or small-delivery fees, which vary by dealer.
Cheapest way to heat in New Jersey right now
| Heating system | Cost per million BTU of heat |
|---|---|
| Natural gas furnace (95%) | $14.42 |
| Heat pump (HSPF2 9, COP ≈2.6) | $28.40 |
| Propane furnace (90%) | $49.51 |
| Heating oil furnace (85%) | $54.21 |
| Electric baseboard (COP 1) | $73.83 |
Using New Jersey's current averages for heating oil, propane, natural gas and electricity (25.19¢/kWh). Prices for natural gas in New Jersey and electricity in New Jersey. See also propane prices in New Jersey.
Nearby states
- Pennsylvania: $6.07/gal
- New York: $6.42/gal
Frequently asked questions
What is the price of heating oil in New Jersey this week?
$6.38 per gallon on average for homes in the week of Oct 19, 2026, before taxes (EIA survey). That is 3% above the US average of $6.19, and +4.1% since Oct 5, 2026.
How much does it cost to heat with heating oil in New Jersey?
At $6.38 a gallon, 500 gallons over a winter costs about $3,191 before tax. Actual use depends on the house, insulation and winter – check your past deliveries and enter them in the calculator.
Is heating oil cheaper than other heat in New Jersey?
Per million BTU of heat, heating oil costs about $54.21 in New Jersey this week. The cheapest option at current state averages is natural gas furnace (95%) at $14.42.
Source: EIA weekly residential heating oil prices. Heat comparison uses typical efficiencies and EIA state averages.