The rare-earth oxide compound HoVO4 (tetragonal zircon structure) is investigated in the extended susceptibility formalism, which includes all the features of the crystalline electric field in the analysis of the magnetic, magnetoelastic, and elastic properties as a function of temperature. The characteristic behavior of the first-order magnetic susceptibility allows us to refine the values of the crystalline electric-field parameters and to determine the strength of the magnetic interactions. The magnetoelastic coefficients are then found from third-order magnetic susceptibility, parastriction, and elastic-constants measurements for the different symmetry modes. Their coherency with values determined for TbPO4 is then emphasized: They have the same sign and order of magnitude; in particular the magnetoelastic coefficients for the tetragonal symmetry are sizable in these rare-earth oxides in contrast to the case of rare-earth intermetallics. The unusual temperature dependence of the third-order magnetic susceptibility along the tetragonal axis is a precursor of the level crossing in high magnetic fields associated with a magnetization jump of about 8μB at 11.4 T, which we study as a function of temperature down to 0.1 K. The existence of a two-step jump of the magnetization at low temperatures, if not driven by mechanical stresses, remains an intriguing result. © 1995 The American Physical Society.