Alot of these were 2nd summer homes and a good percentage (not all, but many) are far from poor.
But it would seem they could take the money and purchase another summer home on the Shore. (One interesting thing, and I know many people from my area who have summer homes down on the shore, is alot of them never bothered with insurance. So they will be coming out ahead of the game. And the very majority of those people, all their material items are in their regular home, as they didn't keep much in the summer weekend homes. (They commute back and forth each weekend, a cult of people loving the 3 hour or more ride in traffic each way.)
And the summer season is fast approaching, and for the people who work on the Shore, and the Boardwalks, they rely on about 75% of their yearly income in the 2-3 months of summer.
So they need the shore to be the nicest, to have the most tourists and regulars go down there and support them, as their income relies on it.