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Selling a house with an underground oil tank in New Jersey
Older New Jersey homes were often heated by oil from a buried tank. Many buyers and lenders won't touch a house with a tank in the ground, and removal or cleanup can be expensive and slow. We buy houses with tanks as they stand.
How it works
No sweep, removal or testing first.
- Known or suspected tank: tell us what you know. We price it in.
- Leaking or not: we buy either way.
- Abandoned in place or never closed: also fine. Any paperwork you have helps but isn't required.
- No contractors to hire before you sell.
Why tanks stall normal sales
What buyers and lenders worry about.
- Many buyers ask for a tank sweep, and lenders and insurers often require a tank to be removed or properly closed.
- Removing or closing a tank usually needs a town permit and inspection.
- If a tank has leaked, soil cleanup can add cost and months.
Questions
Common questions
Can I sell a house with an underground oil tank in New Jersey?
Yes. We buy houses with buried oil tanks as-is, whether the tank is known, suspected, leaking or not.
Do I need a tank sweep before selling?
You don't need one to sell to us. Many traditional buyers ask for one.
What if the tank has leaked?
We still make an offer and take the house as it stands. How the tank is handled is spelled out in writing before you sign.
Does removing a tank need a permit?
Removing or closing a tank usually requires a town permit and inspection, which is one reason many owners prefer to sell as-is.
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General information only, not legal, tax or financial advice. Every situation is different.