If you want a nice night out in Malden that won't break the bank then try
Ristorante Serena Friday night we wanted to go out for dinner, but didn't want to head towards the city so we decided to try Ristorante Serena. After driving past it many times we decided to just go try it and we were very happy.
We got there around 7pm and there were a good number of folks there. It seems like a place that has a local following. They do take out as well, we saw the local firemen stop in for their pickup. By the time we left at 8:20 the place had filled up and a few tables had turned over.
The things they don't tell you on their website:
There is parking in the back. To get there you turn in to the bank lot.
We did walk by the door and had to double back. They share an entrance with Panda Castle.