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Photograph of Marq Teaneck. Credit: CoStar Group, Inc.

First Phase Of Marq Teaneck Completes Construction In Teaneck, New Jersey

Malas Development has completed the first phase of construction for The Marq Teaneck, a rental community located at 329 Alfred Avenue in Teaneck, New Jersey. A ribbon-cutting ceremony was held to commemorate the launch, with Teaneck mayor Mark Schwartz and other community leaders in attendance. Designed by CPA Architecture, the six-story building yields 256 residences, including 38 affordable housing units. Its second phase is set to begin construction in early May, and will add 248 additional units at 359 Alfred Avenue.

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Renderings Reveal Four-Tower ‘Iberia’ Master Plan in Newark, New Jersey

New renderings have been revealed for Iberia, a four-tower residential complex that was recently approved for 450-466 Market Street and 31-39 Jefferson Street in the Ironbound neighborhood of Newark, New Jersey. Designed by MHS Architecture, the $803 million development will rise between 26 and 30 stories tall and yield 1,402 rental units, with 283 designated for low-income housing. The complex will also contain more than 100,000 square feet of residential amenities. The property is bound by Market Street and Raymond Boulevard to the northeast, Congress Street to the northwest, Jefferson Street to the southeast, and Ferry Street to the southwest.

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