East Orange, New Jersey Oil Tank Removal
Oil Tanks in East Orange
Steel oil tanks were used for heating in East Orange, NJ for many years. Over time, these heating oil tanks have the possibility to leak, causing property and soil damage. If the tank is close to a home or property and it leaks, the oils can seep into the soil and eventually into the building, causing damage. Soil contamination requires a town inspection by an appointed East Orange official, removal of the contaminated soil, and replacement of the contaminated soil. If a property is damaged because of an oil tank leakage, not only is the property physically harmed, but its value can also decrease and insurance rates on the property can rise.
Importance of East Orange Oil Tank Removal
Having your East Orange oil tank removed is important for property protection. Abandoned or older oil tanks have the most potential to leak and cause problems, but even oil tanks that are decommissioned properly run the risk of leaking. When oil tanks do leak, they have the potential to go unnoticed, and sometimes they can go unnoticed for years. According to an article from northjersey.com, two homeowners discovered their oil tank had been leaking into the land around their house for quite a few years. They had no idea their oil tank was leaking until they took the necessary steps to have it removed. Because of the damage the leak caused to their property, it took months to fix and became more of a money pit than an oil tank. Don’t let this damage occur to your East Orange property!
When it comes to buying a property, potential buyers are insisting on oil tank removals before they purchase or close on the property. In some cases, buyers are including an oil tank removal in their buying contract to ensure they have no future issues. New Jersey real estate agents, whether practicing in East Orange or other areas, have noticed that buyers will not purchase a property with an oil tank, even if it is decommissioned properly.
The best thing sellers can do with an underground oil tank is to remove it before listing a property. An immediate removal can eliminate the headache of buyers turning down a home because of an underground oil tank. Removing the oil tank can also avoid an unnecessary clause in a buying contract that requires a removal, which some buyers are insisting- especially in East Orange, West Orange, Montclair, and Newark, where buried oil tanks are common. Keeping the oil tank in the ground will just increase the risk of it leaking, causing serious environmental problems and making the removal costly by making soil remediation necessary.
