11 Best Foundation Companies in Ocean City, NJ

On average, Ocean City homeowners pay roughly $3,536 for foundation repair, although the total cost will change based on several factors. The best way to get an estimate for the cost of your specific project is to get quotes from one or more local foundation repair companies. Your total cost will be affected by things like the size of your house and type of repair(s) needed.

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 repair techniques to remedy leaks or cracks. The amount you spend can vary greatly depending on the size and cause of the issue.

Stabilization is the process of fixing bowing walls by inserting carbon fiber or steel strips. The amount you spend will depend on the material chosen and how many strips are needed. 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 will be based on how many piers are needed.

If you're looking to waterproof your foundation or basement, we suggest talking to a waterproofing specialist. This process may include outdoor waterproofing, indoor waterproofing, or both.

If you're building a new home, make sure that a soil report is completed. This report contains information regarding how well your soil can support a foundation, and can provide you with a heads-up about potential future problems. If your concerns are about an existing house, a few hundred dollars will cover an inspection and report by a structural engineer. The engineer can alert you to any current problems that need attention, and advise you on how to avoid future problems.

Also ensure that the moisture around your foundation is appropriate. Don't let the soil around your Ocean City home get too dry or too wet; at different times, you might find yourself having to reroute your gutters or water your foundation. You should also stay vigilant for leaky gutters or pipes and repair them promptly.

Foundation repair usually requires a permit, but obtaining one isn't your responsibility. Your foundation repair provider should obtain the permit and all other documents required in Ocean City, and should be able to provide the documents and/or explain the process if asked.

In general, foundation repairs will have a positive effect on the value of your home. In some cases, you may be able to consider foundation repair a capital improvement, which might help you qualify for tax breaks. Generally, a capital improvement is defined as one that will add to a home's overall value, prolong its life, or adapt it to new uses. Speak with your New Jersey tax professional to learn more.

Although some foundation issues might seem small and not worth the cost to repair, when left untreated, they can lead to larger and more expensive problems in the future. Foundation problems may have underlying causes that are not obvious until after a professional inspection. It's important to fix these underlying issues as soon as possible. For these reasons, we recommend you don't procrastinate on foundation repairs.