THE MARQ TEANECK SURPASSES 50% LEASED JUST MONTHS AFTER OPENING


TEANECK, N.J. – Leasing at The Marq Teaneck has reached a key milestone, with more than 50% of its 256 residences in the first phase now leased, according to developer Malas Development.
This achievement comes just months after the six-story building opened, attracting renters drawn to its spacious homes, upscale amenities, and convenient location. Situated at 329 Alfred Avenue, The Marq Teaneck is less than five miles from the George Washington Bridge and minutes from Teaneck’s Cedar Lane shopping district and downtown Englewood.
The building offers a mix of studios, one- and two-bedroom floorplans, including select top-floor loft residences. Monthly rents start from $2,495 with limited time opening incentives available. The community is already active, with new residents moving in each week and more than 100 now calling The Marq home.
Mark Malas, Managing Member of Malas Development, credits the strong leasing activity to The Marq’s combination of modern design, high-end amenities, and prime location.
"The Marq has resonated strongly with savvy renters from Bergen County and beyond," said Malas. "They see great value in living in a brand-new building with high-end amenities like an outdoor pool and an outstanding location within walking distance of dining, shopping, retail, and many other conveniences."
Designed by CPA Architecture, The Marq features upscale residences with designer finishes, including soaring 19-foot ceilings in select homes. Spacious walk-in closets, in-unit washer/dryers, and spa-inspired baths with matte tiled floors and shower walls enhance daily comfort. Luxury kitchens boast full-size stainless steel appliances, soft-close cabinetry, polished quartz countertops, and large kitchen islands in select homes. Some residences also feature private balconies.
An extensive collection of indoor and outdoor amenities enhances the living experience. Residents can relax in the beautifully landscaped courtyard, which includes a swimming pool, sundeck, private kitchens, BBQ and dining areas, fire pits, and a dog run. Inside, thoughtfully designed co-working spaces, private conference rooms, entertainment lounges, and café areas provide convenience and connectivity. Additional offerings include a state-of-the-art fitness center, pet spa, concierge service, package and grocery lockers, bike storage, private storage rooms, and garage parking with EV charging stations.
The Marq’s location offers exceptional accessibility, with Route 4 providing direct access to the George Washington Bridge in under 15 minutes, while Routes 80 and 95 connect to key business hubs throughout northern New Jersey and beyond. NJ Transit buses to New York City are also just a short walk away.
For more information on The Marq and to schedule a tour of the furnished models and amenities, please visit www.themarqteaneck.com or call (844) 620-9149.
About Malas Development
Led by brothers Zack and Mark Malas, Malas Development is a dynamic residential and commercial real estate firm rapidly expanding its footprint in northern New Jersey. Based in Rochelle Park, the company’s diverse portfolio spans the Hudson County waterfront to some of Bergen County’s most sought-after municipalities. Its residential developments range from condominiums and mid-rise rentals to high-rise apartment buildings, while its commercial holdings include nearly 40,000 square feet of retail space. From planning and design to construction and execution, Malas Development is deeply involved in every stage of a project’s lifecycle, ensuring the highest standards of quality and a responsible approach that considers the broader community. A strong reputation for delivering thoughtfully designed, high-caliber properties has enabled the firm to grow its presence in core markets while strategically expanding into new regions.
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