It seems like Zillow is full of people selling houses at 2x to 3x the estimate in Cumberland hoping to sell and run to whoever takes advantage of the relocation program. I see houses assessed at $90,000 in 2023 selling for $300,000. Give me a break.
"Assessed" doesn't mean much, there are many towns (such as my current town, and many others here in NJ) where houses all sell for a similar premium over the official assessed value.
The next question there would be how many of them had recently bought those properties - i.e. did they have a heads up from their friends on the City Council that this was coming down the line?
