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SOME FREQUENTLY ASKED QUESTIONS

Q How long does an oil tank last?

Most tanks have a life span of approximately twenty to forty years, depending on the type of materials used to make it.

Q What should I do if I have an oil tank on my property?

The state of New Jersey now requires homeowners to deal with their own oil tanks. We can help you determine what to do when you are ready to deal with it, just give us a call.

Q I have an existing tank on my property. It’s empty and not being used. What do I need to do?

Unused oil tanks can rust and corrode at some period of time. They can contaminate the surrounding soil or collapse and cause a sinkhole.

Q How big is an underground tank?

Generally, most residential tanks have been made to hold 500 to 1,000-gallons of oil.

Q What is my option in dealing with an old tank?

Basically, there are two ways to deal with an old tank; one way is to close or abandon, which involves cleaning and filling the tank. Another option would be to remove it.

Q If I am buying a home with an in-use underground tank is it necessary to test the tank for leaks, even though the owner has valid tank insurance?

Yes, many realtors/attorneys will advise you incorrectly by telling you it’s not necessary. However, if you do not test the tank before purchasing, you may expose yourself to substantial environmental liability that is not covered by tank insurance.