11 Best Foundation Companies in Lakewood, NJ

On average, Lakewood homeowners spend around $4,546 on foundation repair. The total cost of foundation repair will vary greatly depending on several factors. Things like the extent of the damage, the type of repair needed, and the size of your home will all factor in. The fastest way to find out how much a job might cost is to contact a local foundation repair expert and schedule a free inspection and estimate.

Types of foundation repair include leak repair, crack repair, stabilization, underpinning, and waterproofing.

For both leak repair and crack repair, a technician will come to your home, complete an inspection, and use various measures to remedy leaks or cracks. The cost of these procedures can vary greatly depending on the size and root cause of the problem.

Stabilization involves reinforcing bowing walls by inserting steel or carbon fiber strips. The cost will depend on the material used and the number of strips required. The cost of underpinning also varies. This process, also called leveling or piering, involves leveling your foundation by underpinning it with concrete piers; the cost is based on how many piers are used.

If you're interested in waterproofing your foundation or basement, we recommend looking for a waterproofing specialist. This process might include indoor waterproofing, outdoor waterproofing, or both.

When caring for your foundation, you should make sure it has the right amount of moisture. Lakewood sees more rain than many places, so be sure that your gutters and landscaping are arranged to prevent too much water from collecting near your foundation. You should also be sure to promptly identify and repair any leaking pipes or gutters.

If you have any concerns about your foundation, you can call a structural engineer for an evaluation. This will cost a few hundred dollars, but the engineer's consultation can net you a list of things to look out for as well as steps you can take to further protect your foundation. Lastly, if you're constructing a new home, be sure that you have a soil report done. This can provide information about how well the soil on your property can support a foundation, and can highlight any potential future issues.

Your foundation repair expert should acquire the needed permits. You can request that the company provide a detailed explanation of its process and to see the permits and paperwork it has assembled to ensure everything is properly authorized per Lakewood regulations.

Some indicators that you need foundation waterproofing include white powder or spots on your walls, uneven floors, discoloration or odors, basement flooding, hairline cracks, or signs of mildew, fungus, or mold. Your contractor can inform you whether you need interior or exterior waterproofing.

Interior waterproofing can involve the installation of sump pumps and drains or the use of sealants and is generally less expensive than exterior waterproofing. Exterior waterproofing can involve applying physical barriers to basements and crawl spaces, changing your landscaping, or installing exterior drains. In a place like Lakewood, where flooding risk is higher, the protection provided by exterior waterproofing might be worth the extra cost.

In some cases, foundation repairs can be considered capital improvements if they fit the criteria of an improvement that will add to your house's overall market value, prolong its life, or adapt it to new uses. Making capital improvements sometimes helps you qualify for tax breaks. (Contact your New Jersey tax professional for more information.) Tax breaks aside, foundation repairs will, in most cases, positively affect the value of your home.