CLIFFSIDE PARK - Rep. Bill Pascrell and Sen. Robert Menendez are teaming up to fix the state's ailing water pipes.

The lawmakers introduced federal legislation that would raise money for water infrastructure.

The Sustainable Water Infrastructure Act would stimulate private-sector investment by modifying the tax code.

New Jersey needs nearly $8 billion in improvements to its water pipes. United Water says 450 pipes break every year.

"A community suffers, the business suffers if it happens by their establishment.  People can't get to their bank or commerce.  And there is a ripple effect - a negative ripple effect," says Menendez.

New Jersey's infrastructure was graded "D" by the Association of Civil Engineers. The state loses about 25 percent of its treated water to broken water mains and burst pipes.