I almost drove from outside Philly to get that awhile ago. The cranks & bb were worth the asking price. It had been listed for a long time. It looks like a big, repainted Peugeot to me.

Another thing to consider is where it was found. Southern New Jersey has a long history of seasonal, European employment. College/high school age kids come to the shore points for summer work at the boardwalks and the time at the beach. While an outside chance, it is possible it came with someone from far away.