256 Units Of Affordable And Market-Rate Housing Open In Teaneck

TEANECK, NJ — Teaneck Mayor Mark Schwartz and Malas Development cut the ribbon last week to open the Marq, a growing residential complex that includes 256 luxury apartments and 38 affordable units.

The former site at 329 Alfred Ave., which replaces a vacant office building, will eventually include an adjacent building with 248 more residences, a spokesperson said.

The six-story building offers studios, 1- and 2-bedrooms, including 19-foot ceilings and walk-in closets. Amenities include a pool, fire pits, a concierge service, and a dog run.

Monthly rents start from the $2,300s, with some grand opening incentives available, they said.

“This is an exciting moment as we celebrate the successful opening of The Marq Teaneck,” said Mark Malas, managing member of Malas Development. “This signature residential community is quickly attracting renters seeking sophisticated homes, exceptional amenities, and an ultra-convenient location.”

Zack Malas, managing member, added: “The Marq Teaneck represents the next evolution of Bergen County living — modern residences, upscale amenities, and a location that easily connects residents to everything the region has to offer.”

Mayor Schwartz said, “The realization of this property is a testament to Malas Development and I thank them for their dedication.”

The Marq is minutes from Teaneck’s Cedar Lane shopping district and downtown Englewood.

Malas Development has built residential and commercial properties in Edgewater, Englewood Cliffs, Hackensack, Union City, Rochelle Park, Leonia, Cresskill, and Saddle Brook. THey're based in Rochelle Park.

For more information see www.themarqteaneck.com.