The mean and standard deviation of latent variables is arbitrary, it depends on what constraints you place on the model (there are conventions that are used by almost everyone, but you don't have to use them). You can make them take on any value you want (well, as long as the SD is negative).
The standard model output gives the variance if the latent variable is exogenous, and the residual variance if it's not. It's rare to report the variance of an endogenous latent variable.
The N is the size of your sample used in the analysis. The variable is latent - unmeasured, hidden. Everyone in the sample is assumed to have a value of it.
Hope that this helps,
Jeremy