Oil Tank Abandonment in NJ Leads to Future Property Environmental & Re-Sale Issues

Many property owners believe filling a Oil Tank in Place or Tank Abandonment is a cost effective measure. However, if they intend on selling the property, most buyers will demand the tank be removed prior to sale.
LITTLE SILVER, N.J. - March 24, 2018 - PRLog -- In the 1990's many New Jersey property owners believed it was the proper thing to do when decommissioning a oil tank. Many municipalities allowed this practice until recently. What most property owners did not realize when they filled there tank with sand that the municipality or state of New Jersey  never inspected the tank or soils for environmental Issues. When most these abandoned in place tanks are removed they have holes in them and soils around them are leaking.  A few years ago a property owner that purchased the property over 3 years prior received a letter from a neighbors attorney. The letter put the property owner on notice that oil from his abandoned in place oil tank, closed over 10 years prior, was leaching heating oil into his clients basement sump well pit. Not only was the property owner who owned the abandoned oil tank had to remove the tank but also had to remediate adjacent properties costing over 30 K. Environmental Systems recommends that a "Abandoned in Place" oil tanks or sand Filled heating oil tank be removed and the soils tested. Environmental Systems provides soil boring testing services for these tanks prior to property purchase. For over 20 years Environmental Systems has been providing Environmental services including LSRP services to Commercial and Residential property owners.   To receive additional information contact Environmental Systems at 732-892-8707 or visit our website at depenvirosystems.com.

Environemntal Systems
(732) 892-8707
Tags:Oil Tank Removal, Realtor Com, Tank Sweep&locating
Industry:Real Estate
Location:Little Silver - New Jersey - United States
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