2026 Cost Data
Heat Pump Cost in New Jersey
Normal Range:$13,000 – $20,756
Heat pumps cost $15,900 on average in New Jersey, based on 23 real homeowner quotes.
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Real Homeowner Data
What New Jersey Homeowners Actually Paid
Based on 23 real installation quotes from New Jersey homeowners.
Median
$15,900
23 crowdsourced quotes
Budget (25th)
$13,000
23 crowdsourced quotes
Premium (75th)
$20,756
23 crowdsourced quotes
Lowest
$6,000
23 crowdsourced quotes
Highest
$40,000
23 crowdsourced quotes
Cost by System Type
| System Type | Median Cost | Quotes |
|---|---|---|
| ducted | $22,086 | 11 |
| dual-fuel | $14,530 | 7 |
| mini-split | $15,129 | 3 |
Most Installed Brands
| Brand | Median Cost | Quotes |
|---|---|---|
| Mitsubishi | $15,129 | 3 |
What Homeowners Said
Amana variable speed furnace (120000 and 60000 BTU) with (2) 4 ton Amana R-32 14.2 SEER A/C units plus (implied) 1 additional Tu ton Amana R-32 14.2 SEER A/C; propane dual-fuel system mentioned for improved efficiency
$18,918
Option 1: replace steam boiler with new steam boiler and add fully ducted AC in attic; includes permits, running new gas & electrical, and removing existing steam boiler and oil tank.
$40,000
Amana variable speed furnace 120,000 BTU with (2) 4 ton Amana 14.2 SEER R-32 A/C units (cased coils & outdoor condensers) plus another variable speed furnace 60,000 BTU with 2 ton Amana 14.2 SEER A/C; propane dual-fuel plan mentioned
$18,918
Crowdsourced homeowner reports, collected and verified by WattFax. Updated monthly.
Rebates & Incentives
No state or utility rebates currently listed for New Jersey. The federal 25C tax credit expired December 31, 2025.
Frequently Asked Questions
How much does a heat pump cost in New Jersey?
The median cost for a heat pump installation in New Jersey is $15,900 based on 23 real homeowner quotes. Costs range from $6,000 to $40,000. ducted systems average $22,086 while dual-fuel systems average $14,530. Costs vary by city — use the calculator above for a local estimate.
What rebates are available in New Jersey?
The federal 25C tax credit (up to $2,000) expired December 31, 2025. No state or utility programs are currently listed.
What does electricity cost in New Jersey?
22.6¢/kWh on average. Above the national average of 16¢/kWh.
New Jersey Heat Pump Costs by City
9 cities with local cost data.