12 09, 2018

Oil Tank Removal vs Oil Tank Abandonment

Oil Tank Removal vs Oil Tank Abandonment Should I remove my oil tank or abandon it in place? When an oil tank is taken out of service in New Jersey, one of two practices are followed: abandonment or removal. We’ll go through a little bit of information here to help you understand the best course of action. Oil Tank Abandonment- A Temporary Fix Abandonment presents a major problem in [...]

29 08, 2018

Selling a Home with An Oil Tank – What Realtors, Sellers Need to Know

Selling a Home with An Oil Tank – What Realtors, Sellers Need to Know Much of what can be read about oil tanks online are “buyer beware” stories about leaking oil tanks that have ruined the value of their investment, and advice to be as thorough as possible when it comes to making sure an is oil tank out of the ground before closing on a property. But you own a home in New Jersey with an [...]

23 08, 2018

10 Things to Know About Oil Tank Removal in New Jersey

10 Things to Know About Oil Tank Removal in New Jersey There is a lot of conflicting information about New Jersey oil tank removal on the internet. Here are 10 of the most important things that anyone should know in regard to oil tanks. 1) Homeowners may not be aware of an oil tank that has been abandoned on their property, either because they did not perform an inspection when [...]

22 06, 2018

New Jersey Oil Tank Regulations

New Jersey Oil Tank Regulations We have shared a lot of information previously on the environmental and financial risks of having a corroding oil tank on a property. In this post we will share a little bit more information on New Jersey’s regulations governing these underground storage tanks (USTs). Here we’ll be referring to tanks categorized as “Unregulated” by the NJDEP, which are the oil tanks ERC most frequently deals with. An unregulated tank [...]

7 06, 2018

Factors Effecting Oil Tank Life Expectancy

Factors Effecting Oil Tank Life Expectancy In a separate post we have given a general overview to the question, “How long does an oil tank last?”, so let’s get more into detail about the variables that impact the life expectancy of an oil tank. Oil Tank Materials The first and probably most obvious factor is the physical makeup of the oil tank itself.  Most residential oil tanks are made from 14-gauge to 12-gauge [...]

23 05, 2018

Underground Oil Tanks and Environmental Due Diligence

Underground Oil Tanks and Environmental Due Diligence In New Jersey and throughout the United States, the demand for environmental site assessments has gone way up in the past couple of decades. This is a result of the interpretation of the Comprehensive Environmental Response, Compensation, and Liability Act (Superfund) by courts, which have held that a buyer, lessor, or lender of property may be liable for the cleanup of hazardous substances on that property, even [...]

11 05, 2018

Purchasing Real Estate with an Underground Oil Tank in NJ – What You Should Know

Purchasing Real Estate with an Underground Oil Tank in NJ – What You Should Know Oil Tank Discovery When it comes to the presence of an underground oil tank, you can’t necessarily be sure of it when purchasing real estate in New Jersey. It is possible that the owner is aware of the oil tank and will disclose it to you, as most real estate attorneys agree they should. However, it is also [...]

3 05, 2018

My Oil Tank Leaked! Now What?

My Oil Tank Leaked! What Do I Do Now? When an oil tank is removed at a New Jersey residential property, the tank and excavation site is then visually inspected for signs of a leak. Indications will be rather straightforward- there might be holes in the tank or stains in the soil, for instance. Let’s stop right here for a moment. Note that some companies will try to get you to pay for soil testing [...]

31 01, 2018

Jersey City / Newark NJ Oil Tank Removal

Jersey City and Newark NJ Oil Tank Removal Hudson County and Essex County Contractors The number one reason we are called to perform an oil tank removal in Jersey City or Newark, NJ is because the owner wants to sell their property and needs to take the tank away in order to do so. Many residents have buried oil tanks that have remained underground for as many as 30 or more years. Over [...]

9 01, 2018

New Jersey Oil Tank Removal Timeline and Process

New Jersey Oil Tank Removal Timeline and Process How long does it take to remove an oil tank from the ground? What is the process involved with getting an old tank removed? When you're in the process of buying or selling a home, you need transparency in these answers. At ERC we want you to be fully informed about the process of removing an oil tank in the state of [...]