Gasoline prices in new jersey could be under $2 per gallon today, but here's why they're not

Gasoline prices in New Jersey could be under $2 per gallon today, but here’s why they’re not

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1 min read
January 6, 2026

TRENTON, NJ – You are now paying a roughly 25% tax on gasoline in New Jersey, and market indicators predict that percentage is going to keep increasing as gas prices in the Garden State continue to fall.

New Jersey motorists are seeing some of the lowest fuel prices in years, with regular gas dipping as low as $2.44 per gallon in parts of the state, according to data from GasBuddy.

The cheapest spot to fill up today is at the Conoco station on Anderson Avenue in Fort Lee, where prices hit $2.19 for cash-paying customers.

In Maple Shade, prices hover just above that mark, with CITGO at $2.39 per gallon, while Costco, Valero, and another Conoco location all list $2.41 per gallon. BJ’s Wholesale Club comes in slightly higher at $2.44. Most of these prices were updated within the past few hours, reflecting a sharp and widespread decline across several counties.

Analysts note that without New Jersey’s gas tax — one of the highest in the country at 42.3 cents per gallon — prices would likely fall below $2 in many regions. The continued decrease follows a national trend driven by lower crude oil prices and steady refinery output, though regional taxes and distribution costs keep local averages elevated.

As of this week, New Jersey’s average regular gas price stands significantly below the national average, offering some relief for commuters and delivery drivers still recovering from last year’s higher fuel costs.

Fuel prices in parts of New Jersey have fallen to $2.19 a gallon, marking the lowest point in months and signaling potential sub-$2 prices if state gas taxes were removed.

Phil Stilton is the Editor and Publisher of Shore News Network, an independent digital newsroom providing original reporting on New Jersey, national news, government, public policy, public safety, courts, and community affairs.

As founder of the publication, Stilton leads editorial strategy, investigative reporting, and daily newsroom operations while overseeing coverage that reaches millions of readers annually.

With extensive experience covering municipal government, county government, state legislatures, elections, law enforcement, emergency management, and public records, Stilton specializes in translating complex government actions into clear, factual reporting. His work frequently relies on primary source documents, including court filings, legislation, public meeting records, election finance disclosures, government databases, police reports, and Freedom of Information and Open Public Records Act (OPRA) requests. He has reported extensively on local government accountability, taxpayer spending, campaign finance, public corruption investigations, infrastructure, public safety, and the policies affecting New Jersey residents.

Under Stilton's editorial leadership, Shore News Network has grown into one of New Jersey's largest independent digital news organizations, publishing thousands of original news articles each year while providing breaking news coverage, investigative reporting, and analysis across state and local government. The publication's reporting is routinely sourced from official government agencies, public officials, court records, and firsthand documentation, with a commitment to transparency, attribution, corrections when warranted, and clearly distinguishing factual reporting from opinion.

Stilton's journalism follows established newsroom standards emphasizing accuracy, verification, fairness, and accountability. Every effort is made to verify information through official records and multiple reliable sources before publication. His reporting is intended to provide readers with timely, well-documented information that helps them understand the issues affecting their communities, while maintaining editorial independence from political parties, government agencies, advocacy organizations, and commercial interests.

Readers can submit story tips, corrections, public records, or media inquiries through the official Shore News Network website or its verified social media channels. Shore News Network welcomes corrections and updates when new information becomes available as part of its ongoing commitment to accurate and transparent journalism.

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