Jason Jurik
Real Estate Agent In NJ

Oil Tank and Underground Storage in NJ

Inspections must be certified by the DEP.

Tank Searches generally cost around $275 and mortgage and insurance companies are now looking for this and sometimes wont give a mortgage out unless they know the condition or status.
Tank Testing (insurance company may need this)

A professional can perform soil borings and test the tank to see if its leaking (all 4 borings and testing can cost around $450 and an integrity test would be about $375.

Most of the time if it pass the (1) soil test and (2) integrity test you might not have a problem and costs about $600 for both tests.

A seperate company may need to be called in to remove the actual tanks.

By law before the soil borings begin they have to call utilities before you dig - 5 days to call water / sewer / or gas

Pull a tank out of a ground it costs around $2000.

They look at these potential enviromental hazards being truly about ground water contaminiation

Oil tank if its contaminated and needs to be cleaned up it can cost from around $8000 to $10,000
If diging and there is ground water, it can add $5000 more to the cleanup cost, so it could be $20,0000. This is why its important to know the status before purchasing a home or have it tested.

• Home
• Buying a House
• Selling a House
• Towns
  • Verona
  • Cedar Grove
  • Glen Ridge
  • Montclair
  • Essex Fells
  • Roseland
  • Caldwell
  • West Caldwell
  • North Caldwell
  • Nutley
• Tools & Education
• Contact
• About

Buy Sell Real Estate NJ

Better Homes and Garden Real Estate - Coccia Realty

• Verona
• Cedar Grove
• Glen Ridge
• Montclair
• Essex Fells
• Roseland
• Caldwell
• West Caldwell
• North Caldwell
• Nutley