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Relocating to Malta NY: A Charming Town Near Saratoga Springs

Located 10 miles south of Saratoga Springs and 20 miles north of Albany, Malta NY is a relatively small town in an ideal location. Easily accessible from Interstate 87, Malta is a popular place to call home for those working in Saratoga, Clifton Park, Ballston Spa and other areas in Saratoga County, and for those employed in Albany and throughout Upstate NY’s Capital District.

central malta gazebo

About Malta NY

With upscale neighborhoods, peaceful parks, popular restaurants and charming local businesses, Malta is an ideal residential community for individuals or families. Real estate is reasonably priced and the community has been continually growing. The area is perfect for those who enjoy the outdoors, with numerous local parks that are popular for hiking, picnicking, snowmobiling, fishing and other outdoor recreational activities. Malta is also just minutes from parks and outdoor recreation facilities in Round Lake, Ballston Lake, Clifton Park and Saratoga. Strong school districts including Shenendehowa and Ballston Spa surround Malta, providing quality educational experiences to children in the area.

Businesses in Malta NY

Though Malta is a reasonably small town, it is home to a number of large businesses and corporate headquarters. The Home Office of Stewart’s Ice Cream Company is located in Malta, as is the Regional Headquarters of State Farm Insurance Company. The Malta Commons Business Park is home to a number of prospering businesses as well.

Malta’s economy and community is currently thriving largely due GlobalFoundries, a chip fabrication manufacturing center located in the Luther Forest Technology Campus in the heart of Malta. GlobalFoundries Fab 8 is the most advanced semiconductor manufacturing fab in the world and its presence in New York’s Tech Valley has created thousands of new jobs.

In 2024, GlobalFoundries was awarded a $1.5 billion grant for semiconductor production. The grant will be used to build a new semiconductor production facility and expand existing operations in the area. The success of this facility has made Malta an increasingly desirable place to live.

Malta’s Location in Upstate NY

Though Malta is a suburban community, the town is conveniently and centrally located in a prime location near many larger cities and communities, including Albany, Saratoga, Clifton Park, Ballston Spa, Troy and Schenectady. Its ideal location in addition to its booming economy, welcoming community and affordable housing have made Malta one of the most desirable places to live in Upstate NY.

Relocating to Malta NY?

Considering moving to Malta NY? Looking for a home in Malta or in one of the surrounding communities in Upstate NY? Wondering about mortgage and refinancing options in Saratoga County? If so, contact Maple Tree Funding! We provide home financing services and offer competitive mortgage rates for those relocating to Malta and other locations throughout Saratoga County! From conventional loans to government mortgages including FHA mortgages, VA mortgages and USDA home loans, we can help you find the home financing solution that is right for you.

Contact Maple Tree Funding today to learn more about your mortgage and home financing options in Malta NY!

Posted in Upstate New York Neighborhoods on Friday, February 13, 2015 by Maple Tree Funding