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Malas Development

Rochelle Park NJ 2–10 employees 2 principals

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Last updated 2mo ago

About Malas Development

Malas Development is a real estate operator headquartered in Rochelle Park NJ. Malas Development operates in New York City, New York. Its investment focus is on Condominiums, Multifamily - Ground-up and Schools.

Malas Development is a privately held real estate firm headquartered at 60 Essex Street in Rochelle Park, New Jersey. The company is led by brothers Zack and Mark Malas, representing the third generation in a family with a longstanding history in the building industry. Their portfolio encompasses residential, commercial, and mixed-use developments primarily located in northern New Jersey. Since at least 2013, Malas Development has completed multiple projects, including The Marq at 119 Peters Street in Union City, 801 Palisade Avenue in Union City, and Marquis on the Hudson in Edgewater, which comprises 48 duplex condominiums. Their commercial ventures include Malas Plaza in Rochelle Park, a mixed-use retail center housing tenants such as Jersey Mike's and T-Mobile. In 2025, the company unveiled The Marq Teaneck, a six-story, 256-unit luxury apartment building featuring amenities like a swimming pool, coworking spaces, and a pet spa. A second phase is planned to add 248 more units.

Principals at Malas Development

Principal details are a Pro feature

2 principals on file

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Recent activity at Malas Development

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Malas Development's project portfolio

2 projects on file · Mixed-Use (1), Multifamily (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Malas Development operates in

  • New York City, New York

Investment themes at Malas Development

  • Condominiums
  • Multifamily - Ground-up
  • Schools
  • Standalone Retail

Capabilities

  • Construction Management
  • Custom Homes
  • Economic Development
  • Site Development
  • Sustainability
  • Transit-oriented development
  • Urban infill

Operators similar to Malas Development

  • Skyview Companies
    Emerging tierNew York City, New YorkMultifamily - Ground-upStandalone Retail+1 more theme
  • Exera Asset Management
    Emerging tierNew York City, New YorkMultifamily - Ground-upStandalone Retail+1 more theme
  • Beljan Development
    Emerging tierStandalone RetailCondominiums+1 more theme
  • Rebees
    Emerging tierMultifamily - Ground-upStandalone Retail+1 more theme
  • Trevato Development Group
    Emerging tierMultifamily - Ground-upStandalone Retail+1 more theme
  • Buvermo Investments
    Emerging tierMultifamily - Ground-upStandalone Retail+1 more theme
  • Grid Group
    Emerging tierNew York City, New YorkMultifamily - Ground-upCondominiums
  • Seventh Street Development Group
    Emerging tierNew York City, New YorkMultifamily - Ground-upCondominiums
  • ARC Realty Group
    Emerging tierMultifamily - Ground-upStandalone Retail+1 more theme
  • NewHeight Group
    Emerging tierMultifamily - Ground-upStandalone Retail+1 more theme

Frequently asked questions about Malas Development

What does Malas Development do?
Malas Development is a privately held real estate firm headquartered at 60 Essex Street in Rochelle Park, New Jersey.
Where is Malas Development based?
Malas Development is headquartered in Rochelle Park NJ.
What markets does Malas Development operate in?
Malas Development is active in New York City, New York.
How many employees does Malas Development have?
Malas Development has 2–10 employees.
Malas Development cover image

Malas Development at a glance

Tier
Emerging
Operator type
Developer, Owner
Headcount
2–10
Units owned
1,000-5,000
Units managed
1,000-5,000
Property mgmt
Self-Managed
Markets
1
Principals
2

Contact Malas Development

60 Essex St, Rochelle Park NJ
www.malasdevelopment.com