I don't know this guy from Adam, never having watched Fox & Friends, but for the record, that's not necessarily an expensive home in NJ. My SIL lives in the NYC suburb of Essex Fells and the market value of her house is over $800K, and it is nothing special. The equivalent house might cost around $300K in our area. My guess is that USA Today was just trying to gin up some class envy.
Maybe. I was also thinking USA Today might have been alerting current and prospective plaintiffs that Morris has some valuable property they could get a piece of, should they win a judgment against him -- that is, if Morris hasn't already transferred the deed to someone else.
Of course, if he did unload the property onto someone else only to avoid having it seized as part of any judgment in this matter, a court might nullify the transfer.