Malas Development
Rochelle Park NJ 2–10 employees 2 principals
Last updated by Zailyn
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
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