Residential Underground Storage Tanks in NJ

A PRIMER FOR REAL ESTATE PROFESSIONALS:
THE FIRST IN A SERIES ABOUT RESIDENTIAL UNDERGROUND STORAGE TANKS IN NEW JERSEY

By: John J. Ragan, President – The Entech Group, Inc.

Don’t Let Your Deals Get Tanked

Underground storage tanks (USTs) continue to be a significant item of concern for home buyers because of the potential problems and liabilities associated with buying a property with a UST.

As a real estate agent, it is understandable that you become concerned every time you learn that there is a UST on the property your client is contracted to sell or purchase. The Entech Group, Inc. has prepared a series of informative briefings on how to manage dealing with a UST on a residential property.

Please find below the first topic in a series about residential USTs in New Jersey.

The Regulation of Unregulated USTs

There are no Federal or State laws requiring the removal of a UST from a residential property unless it is known to be leaking. Because residential USTs are unregulated, the presence of a UST at a property typically becomes an item of concern that is negotiated between the buyer and seller as part of a real estate transaction. USTs are also typically identified as items of concern by home inspectors, attorneys, mortgage lenders, and insurance agents usually resulting in their removal prior to completion of the real estate transaction.

New Jersey statutes and regulations require that businesses and personnel performing, among other things, unregulated UST removal and contamination cleanup services must be certified by the New Jersey Department of Environmental Protection (NJDEP). In addition, please note that pursuant to the New Jersey Uniform Construction Code, a construction permit, obtained by a NJDEP UST certified business, is also required for the removal of an unregulated UST from a residential property.

The Entech Group, Inc., with over 25 years of UST removal and contamination cleanup experience, is a NJDEP UST certified business. In addition, several professionals employed by The Entech Group, Inc. are certified by the NJDEP to perform UST removal and contamination cleanup services.

The Entech Group, Inc. understands the challenges imposed on you as a real estate professional because of the presence of USTs at your client’s properties. Don’t let your deals get tanked! Please contact our office at 800-571-8661 so we can promptly assist you and your clients or visit our website at www.entechgroupinc.com/oiltanks to learn more about our UST removal and contamination cleanup services.

The Entech Group, Inc.
Office: 400 Morris Avenue, Suite 265, Denville, NJ 07834
Office: 202 Hamilton Blvd., South Plainfield, NJ 07080
Phone: 800-571-8661
Email: info@entechgroupinc.com