Cities / New Jersey / Newark
Heat Pump Cost in Newark, NJ (2026)
A 3-ton heat pump, installed, before rebates
$7,450to$19,250
From a public baseline. How prices are made.
The low and the high are the spread of equipment and labor in the public baseline for a 3-ton heat pump in 2026.
New Jersey Rebates in 2027
Enrollment for 2027 is open. Open. Select a participating contractor. Your contractor will install eligible equipment and note your instant rebate on your invoice.
PSE&G pays $300 on a ducted heat pump at SEER2 ≥ 15.2, EER2 ≥ 11.7, HSPF2 ≥ 7.8. After the rebate the typical price for a 3-ton heat pump is $13,050. The chart runs from January 1, 2025 to June 30, 2027. Checked October 22, 2026. How to apply.
| Equipment | Minimum efficiency | Rebate |
|---|---|---|
| Air-source heat pump, split, Tier 1 | SEER2 ≥ 15.2, EER2 ≥ 11.7, HSPF2 ≥ 7.8 | $300 per system |
| Air-source heat pump, split, Tier 2 | SEER2 ≥ 17.1, EER2 ≥ 11.7, HSPF2 ≥ 7.8 | $450 per system |
| Air-source heat pump, single package, Tier 1 | SEER2 ≥ 15.2, EER2 ≥ 10.6, HSPF2 ≥ 7.2 | $300 per system |
| Air-source heat pump, single package, Tier 2 | SEER2 ≥ 17.1, EER2 ≥ 10.6, HSPF2 ≥ 7.2 | $450 per system |
| Cold-climate air-source heat pump | SEER2 ≥ 15.2, EER2 ≥ 10, HSPF2 ≥ 8.1, COP ≥ 1.75 at 5°F; must replace a regular ASHP | $600 per system |
| Income-qualified equipment bonus | Eligible HVAC measure; LMI verification required; thermostats excluded | $300 per measure |
Every Program a Newark Homeowner Can Use
- Federal 25C credit gives no credit for a 2026 install. Ended.
- HVAC Instant Rebates Program pays up to $600 per system. Open now.
- FlexPower Program pays up to $50 per enrollment. Open now.
- Smart Thermostats pays up to $100 per thermostat. Open now.
What It Costs
All 7 systems, low to high
| System | Low | Typical | High | Range drawn |
|---|---|---|---|---|
| Heat pump, ducted | ||||
| 2-ton heat pump 15 SEER | $6,500 | $11,750 | $17,000 | |
| 3-ton heat pump 15 SEER | $7,450 | $13,350 | $19,250 | |
| 4-ton heat pump 15 SEER | $8,400 | $14,950 | $21,500 | |
| 5-ton heat pump 15 SEER | $9,400 | $16,550 | $23,700 | |
| Other systems | ||||
| Central AC only, 3 ton 16 SEER | $4,150 | $6,900 | $9,700 | |
| Gas furnace only, 80,000 BTU 95% AFUE | $3,750 | $4,050 | $4,800 | |
| Mini-split, one zone, 12,000 BTU 20 SEER | $4,500 | $7,500 | $10,500 | |
Sources today: public baseline: NREL National Residential Efficiency Measures Database, 2024 release (read via hvacbase.org, 2026-10-19). Two more sources join as they arrive: Verified contractor ranges and homeowner-reported quotes. 2023 dollars, national. No metro factor is applied in this version. This city publishes no machine-readable permit feed, so no permit facts print. How prices are made.
Common Questions
How much does a 3-ton heat pump cost installed in Newark?
The installed range is $7,450 to $19,250, with a typical price of $13,350. This is the national public baseline in 2023 dollars. After the rebate the typical price for a 3-ton heat pump is $13,050.
What does the PSE&G heat pump rebate pay in 2026?
$300 per ducted heat pump at SEER2 ≥ 15.2, EER2 ≥ 11.7, HSPF2 ≥ 7.8, through HVAC Instant Rebates Program. A central AC at SEER2 ≥ 15.2, EER2 ≥ 12 gets $60. Open. Select a participating contractor. Your contractor will install eligible equipment and note your instant rebate on your invoice.
Is the federal heat pump tax credit still available?
The IRS allows the credit for property placed in service before December 31, 2025. A heat pump installed in 2026 gets no federal credit. The utility rebate is the money on the table in 2026.
What do the other systems cost in Newark?
A gas furnace runs $3,750 to $4,800, typical $4,050. A 3-ton central air conditioner runs $4,150 to $9,700, typical $6,900. A one-zone mini-split runs $4,500 to $10,500, typical $7,500. Each range is installed, before rebates.
What size and efficiency does the heat pump range assume?
The range is for the table row "3-ton heat pump" at 15 SEER. The table on this page lists 7 systems from low to high, each with its own size and efficiency.
Contractors in Newark
A Verified contractor is one that published its terms here.
Range quarter 2026-Q4, updated October 22, 2026. Last change: First pages: furnace, AC and heat pump ranges from the public baseline, and the state programs read from each provider. Changelog. Source page: https://hvacvisit.com/new-jersey/newark/heat-pump-cost. Cite a range with a link to the page it is on. Do not republish a page, a table or a dataset in full.