1. Wind Power is Part of New Jersey Landscape
New Jersey is a state on the cutting edge of
harnessing wind power, both for operating local
utilities and for providing energy to homes for
residents of the state.
A few years ago, the first coastal wind farm began
providing renewable electricity to homes through
the regional electric grid. The Jersey-Atlantic
Wind Farm in Atlantic County, New Jersey,
produces about 19 million kilowatt-hours of
electricity each year, including power for more
than 2,000 homes and other municipal entities.
Residents have the option of purchasing their
power through the wind farm, although they do
pay a higher premium on their electric utility bill.
The added cost offsets the increased price of
producing the clean energy option.
Home owners who do not tap into the wind farm
energy may also choose to install their own wind
turbine kits on their homes. Prices range from
$1700 to just over $35,000 per kit and once
installed, they harness the kinetic energy of wind
by turning a group of magnets. The magnets
create voltage in the conductor which then forces
electric current into the grid to power your home.

2. New Jersey Mortgage Rates
Compare mortgage rates for New Jersey to stay
on top of the average home value, market value
changes, mortgage rates and more in New Jersey
at Banks.com.
The down side of wind power is that, frankly, the
wind turbines are not that attractive and make a
whoosh noise all day and night. Yet the energy is
clean and because it is renewable, the state is
considering offshore wind farms as a much better
option. The state has contracted to build offshore
wind farms at least 20 miles from land to harness
the energy and to keep residents satisfied that
their views are not obstructed.

3. No matter if the view is of the ocean, hills, or of
wind turbines, New Jersey real estate transactions
remain strong. Homes are valued on average at
about $330,000 and prices of existing homes
have increased by a little more than one percent
this year.
New Jersey is a solid investment for anyone
seeking real estate that would hold its value, even
during recessionary times.