Exclusive | A Kazakh prince buys one of NJs priciest homes of all time for just $10

One of New Jersey’s most expensive homes in history has sold for $10 to the son-in-law of disgraced former Malaysian prime minister Najib Razak, Gimme Shelter can reveal.Najib is currently in jail for his role in the $4.5 billion theft from 1MDB, a Malaysian sovereign wealth fund.Daniyar Kessikbayev — who is married to Najib’s daughter Nooryana Najwa Najib and is the ex-nephew of Kazakhstan’s former dictator, Nursultan Nazarbayev — snagged the swanky Alpine mansion at 2 Margo Way for $10 in March of 2025, according to property records. The castle-like property had last been on the market for $34 million in 2011, before it sold a year later, in 2012, for $20 million in cash to an anonymous shell company that was linked to Kessikbayev, several sources told Gimme Shelter. At the time in 2012, 2 Margo Way was the highest price ever paid for a New Jersey home.Since then, Alpine’s Stone Mansion sold for $27.5 million in 2022, and a Spring Lake beach house sold for $25 million last year.The extravagant mansion at 2 Margo Way is currently all the buzz in Malaysia, after a viral social media post alleged that the jailed ex-PM’s wife, Rosmah Mansor, was involved in the purchase of 2 Margo Way with her son-in-law.It was then alleged that she transferred it in May to Daran Investments Capital Inc., a British Virgin Islands registered company “through a confidential declaration of trust and claimed that businessman Tan Sri Daing A Malek Daing Rahaman was a shareholder in the company,” according to the Edge Malaysia.  The report added that Rosmah and Daing A Malek denied the allegations, called them “defamatory,” and filed police reports earlier this month. An insider close to Kessikbayev told Gimme Shelter that the home remains under his ownership, and has not been transferred to anyone else, as reflected in the property records. While the home was earlier valued by tax assessors at just under $12.79 million, its 2026 tax assessment valued it at $...

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Publisher: New York Post

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