I have had buyers tell me they, personally, are not bothered by a home's proximity to the tower or wires - but - they are concerned that when they go to sell others will shy away from buying the home.
They are correct, which is why you need to be mindful of the price you pay.
As stated below you should get a better deal and expect resale value to be below expectations.
I have met many seniors who lived under these wire for years so that must tell you something.
Many years ago when this became a hot button topic, in my town, which has wires running through some neighborhoods, they did a a lot of investigation and had a number of scientific studies done....even held town meetings as there are wires running near an elementary school.
Nothing conlcusive, indicating danger, was found.
Many scientitsts say we are exposed to more "rays" (simple word to use, although not scientific) from our hair dryers and microwaves than from proximity to those wires.
Just as an FYI - you can call and have PSE&G or Jersey Central come in and take a reading .
So.......The jury is out with any kind of definitive answer.
Putting scientific studies aside - for a buyer - the real issue is perception.
Homes near or under those wires do sell for less.
However, they DO sell, and usually, in my experience, the buyer gets a lot more house for the money than if the home were located on a different street.
So.......do your due dillgence.......understand that you should be getting a really good, discounted price for that home,
When you go to sell in the future, you may have more challenges, and will really need to price the home accordingly.
There are buyers who won't get out of the car to see the home once they are told the wires are there -but....... there are also buyers who are not concerned about it, and appreciate they will be getting a good buy.
It's a personal decision.
I can tell you from first hand experience - there is a golf course out here in West Texas that has part of the back 9 holes running under those electrical towers. When I paly under them, I can feel the electric charge in my clubs, on the golf cart & a vibration through my body. Needless to say, I only play the front 9 on that course!
So each family considering buying a house in such a location must look into the research and decide for themselves. Today we have so much access to research through the internet. There are allegations, but nothing proven as far as I understand what I read.