A Kazakh ‘Prince’ Buys One of NJ’s Priciest Homes of All Time

July 7, 2026 - 03:57

A sprawling estate in New Jersey, one of the priciest residential properties ever sold in the state, has been purchased by a man often referred to as a Kazakh prince. The buyer is the son-in-law of former Malaysian Prime Minister Najib Razak, and the transaction closed for a staggering $10 million.

The property, located in the affluent community of Alpine, is a custom-built mansion that spans over 30,000 square feet. It features amenities typical of ultra-luxury real estate, including a private spa, indoor swimming pool, and a grand ballroom. The sale price places it among the top residential deals in New Jersey's history, a state known for its high-end estates in towns like Alpine and Short Hills.

The buyer, whose identity has been confirmed through property records, is married to the daughter of Najib Razak. Najib is currently serving a prison sentence in Malaysia for his role in the massive 1MDB corruption scandal, which involved the looting of billions of dollars from a state development fund. The purchase has drawn attention due to the family's controversial past, though there is no indication that the funds used for the home were tied to any illegal activity.

The seller was a prominent local businessman who had listed the estate for $15 million two years ago. The final price of $10 million reflects a significant discount, but still marks one of the highest single-family home sales in the region. The transaction was handled privately, with no public listing or open houses.