New Jersey Mortgage Rates
My earliest memories of New Jersey actually occurred on a rural Indiana farm where my cousin from "Joisey" decided to go duck hunting. He picked up my Grandpa's shotgun and marched toward the woods behind the barn. Only a few moments passed before we heard the ringing sound of gunfire. Pow! Then a pause… and POW!
My cousin from Paterson came running back to the farmhouse the gun in one hand, two ducks in his other hand, and a huge grin on his face. Ahab found his whale – or in this case, Mark found his ducks. Only they weren't wild ducks. They were the white farm ducks my grandparents kept so they could gather eggs. What would a city boy know about ducks, though?
While that tale about my cousin from New Jersey will rest forever in the annals of our family history, the fact is New Jersey produces some interesting people in some great wonderful communities. Just last year, the small town of Warren, New Jersey made #6 in the list of best places to live by CNN Money.
Warren is located about 35 miles west of New York. With its convenient location, quiet neighbors, and idealized activities like birdhouse contests, fishing tournaments, and plant and craft fairs, you know homes will be available at a premium. A quick search found just over 300 homes currently for sale in this community populated by less than 20,000 residents.
The least expensive house is a one-bedroom, one-bath townhome for just over $70,000. Some repairs are needed, but not expected to cost more than $30,000. One other home under $200,000 is available for $134,000 and has four bedrooms and one bath. There are 19 other homes for sale under $500,000, so the remaining 280 homes are all closer to or more than the million dollar mark.
Given the cost of easy, peaceful living in Warren, New Jersey, you might need to take on a second job!
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. New Jersey Mortgage Rates
My cousin from Paterson came running back to the farmhouse the gun in one hand, two ducks in his other hand, and a huge grin on his face. Ahab found his whale – or in this case, Mark found his ducks. Only they weren't wild ducks. They were the white farm ducks my grandparents kept so they could gather eggs. What would a city boy know about ducks, though?
While that tale about my cousin from New Jersey will rest forever in the annals of our family history, the fact is New Jersey produces some interesting people in some great wonderful communities. Just last year, the small town of Warren, New Jersey made #6 in the list of best places to live by CNN Money.
Warren is located about 35 miles west of New York. With its convenient location, quiet neighbors, and idealized activities like birdhouse contests, fishing tournaments, and plant and craft fairs, you know homes will be available at a premium. A quick search found just over 300 homes currently for sale in this community populated by less than 20,000 residents.
The least expensive house is a one-bedroom, one-bath townhome for just over $70,000. Some repairs are needed, but not expected to cost more than $30,000. One other home under $200,000 is available for $134,000 and has four bedrooms and one bath. There are 19 other homes for sale under $500,000, so the remaining 280 homes are all closer to or more than the million dollar mark.
Given the cost of easy, peaceful living in Warren, New Jersey, you might need to take on a second job!
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. New Jersey Mortgage Rates
Wind Power is Part of New Jersey Landscape
New Jersey Mortgage Rates
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.
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.
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.
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.
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.
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.
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.
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.
