New Jersey Property Transfer regulations & environmental compliance analysis

New Jersey Property Transfer: What you need to know

Governing Law and Regulations

Industrial Site Recovery Act (ISRA), New Jersey Statutes Annotated (NJSA) 13:1K-6 to 13:1K-13

For a Limited Time receive a FREE EHS Report "Recordkeeping for EHS Managers." This special report contains a recordkeeping checklist to help you keep track of your records for major environmental laws and OSHA's Hazard Communication Standard. Download Now

ISRA regulations: New Jersey Administrative Code (NJAC) 7:26B-1.1 to 7:26B-8.1 and Appendices A to C

New Jersey Lender Liability Act, NJSA 58:10-23.11g to 58:10-23.11g9

ISRA compliance:

Notification to DEP: NJAC 7:26B-3.2

Remediation requirements: NJAC 7:26B-3.3

Voiding a sale: NJSA 13:1K-13

ISRA alternative compliance:

Certificate of limited conveyance: NJAC 7:26B-5.7

Remediation in progress waiver: NJAC 7:26B-5.4

Underground storage tanks (USTs): NJAC 7:26B-5.3

De Minimis quantity exemption: NJAC 7:26B-5.9

Regulatory Agency

New Jersey Department of Environmental Protection (DEP) Division of Remediation Management

See ADDRESSES & CONTACTS for addresses and telephone numbers.

See national section for basic information and federal regulations.

Comparison: State vs. Federal

Rules. New Jersey's property transfer law, the Industrial Site Recovery Act (ISRA), requires owners and operators of an industrial establishment to review the environmental condition of the property and develop a remedial action work plan as a condition to the business or property being closed, sold, or transferred. There are a variety of exemptions and waivers available under the ISRA requirements for property owners and operators.

The ISRA is one of the nation's most stringent property transfer laws, as it requires cleanup or remediation of hazardous waste before property transfer. The state has also adopted specific ISRA regulations under NJAC 7:26B-1.1 to 7:26B-8.4 and Appendices A to C.

Administration and enforcement. DEP's Division of Remediation Management administers and enforces the ISRA requirements.

State Requirements

ISRA ...


Read more about Property Transfer


More on this topic:

Governing Law and Regulations
Regulatory Agency
Comparison: State vs. Federal
State Requirements
Forms

New Jersey Property Transfer Resources

Type Title
Forms Well Disclosure Certificate
See all Property Transfer Resources