11 Best Foundation Companies in New Providence, NJ

On average, New Providence homeowners spend around $2,681 on foundation repair. The total cost of foundation repair depends on several factors. Things like the size of your home, the type of repair needed, and the extent of the damage will all play a part. The easiest way to learn how much a job may cost is to contact a local foundation repair company and schedule a free inspection and estimate.

The primary types of foundation repair are crack repair, leak repair, underpinning, stabilization, and waterproofing.

Crack repair and leak repair are what they sound like: your foundation repair expert will perform an inspection and complete any repairs necessary to remedy cracks or leaks. The price will vary depending on the size and cause of the problem.

Underpinning, also called leveling or piering, is the process of leveling your foundation by underpinning it with large concrete piers. The cost will depend on how many piers are required. The price of stabilization varies similarly. This process fixes bowing walls by reinforcing them with steel or carbon fiber strips. The total cost will depend on what material is used and how many strips are used.

Finally, waterproofing is an overarching term for a number of jobs designed to stop water from getting into your foundation or basement. This can involve interior waterproofing, exterior waterproofing, or both, and the price can vary widely. We recommend contacting a waterproofing specialist if you're interested in waterproofing your foundation.

To protect your foundation, you should make sure it has the right amount of moisture. New Providence 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. Additionally, be sure to promptly identify and fix any leaking gutters or pipes.

If you have any concerns about your foundation, you can contact a structural engineer for an evaluation. This will run you a few hundred dollars, but the engineer's consultation can net you a list of potential concerns as well as additional steps to further protect your foundation. Finally, if you're building a new house, be sure that you have a soil report done. This can provide information regarding how well the soil on your property will be able to support a foundation, and can highlight any potential future issues.

A permit is normally required for foundation repair, but getting one shouldn't be your responsibility. Your foundation repair provider should get the permit and all other documents required in New Providence, and should be able to explain the process and/or provide the documents if asked.

Generally, foundation repairs will positively affect your home's value. In some cases, foundation repairs may be considered a capital improvement, which can sometimes qualify you for tax breaks. Generally, a capital improvement is defined as one that will add to a home's overall market value, prolong its life, or adapt it to new uses. Talk to your New Jersey tax professional for more information.

We caution against putting off a foundation repair project. A single issue may have an underlying cause that could lead to numerous future problems, and it's best to get ahead of the issue as soon as possible. A minor problem now could become a large and very expensive one in the future if the signs are ignored.