Water Heater Replacement Cost in New Jersey

Estimated 2026 installed range: $1,500 – $3,200

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Cost by system type in New Jersey

OptionLowHigh
Electric tank (40–50 gal)$1,500$3,200
Gas tank (40–50 gal)$1,900$3,800
Tankless gas$3,200$7,000
Heat pump water heater$3,800$7,700
Solar water heating$5,100$10,200

Local cost factors

Statewide drivers: Northeast conditions and local labor rates. In New Jersey, strict septic rules in many counties require engineered designs.

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