Archive for June, 2017
It may sound like it’s some distance from the bustle that is Manhattan, but the town of Montclair in Essex County is an easy commute into the city. With the arrival of new luxury apartments, Montclair is becoming more inviting for commuters.
Montclair is a town of about 38,000 that sits in the northern portion of Essex County, New Jersey, about 30 minutes north of the county seat, Newark, and roughly 40 minutes from Midtown Manhattan’s Penn Station.
Montclarion at Bay Street Station is a new luxury building at 25 Bloomfield Avenue in Montclair that has forty 1- and 2-bedroom apartments for rent, to go along with the 7 penthouse apartments. The first floor of the building contains 1,200 square feet of retail space. The complex name is in reference to the proximity of the nearest train station.
The new complex has Jersey City style amenities that are comparable to the likes of The One Jersey City on First Street, including a fitness center, parking garage with bike racks, and a rooftop patio. The interior of each luxury unit includes hardwood floors in the living room, stainless steel kitchen appliances, in-unit washer/dryer sets, 9′ ceilings, and individually controlled central heat and air. This pet-friendly complex has applied for an LEED certification from the USGBC. For the convenience of the tenant, Montclarion II, as it is known in the area, has a resident portal on their website in order to pay your rent online.
Market rate apartments at Montclair II start at $2,250 per month for a one-bedroom unit and $2,650 per month for a two-bedroom unit. There are two units in the complex that have been designated as affordable housing.
The new complex is the second housing project in Montclair to be donned with the Montclarion name. The first, Montclair I, was built just over 30 years ago at 10 Pine Street in Montclair. The original Montclarion complex has 56 recently upgraded rental units, six of which are designated as affordable housing through the year 2048.
Luxury apartments in Jersey City have become the norm. Residents of such luxury buildings as the One Jersey City have access to quality living conditions, including luxury amenities and incentives. When looking for 2 bedroom apartments for rent, most individuals are searching in Manhattan or Jersey City. However, other areas are opening up to the idea of luxury apartments, including Montclair, a unique neighborhood of Essex County.
Only around 38,000 people live in Montclair, and new construction has been taking place to provide new luxury apartments in the area. Montclarion at Bay Street Station recently started offering apartments for rent a few weeks ago, with developer Richard Polton expecting the building to attract many people including millennials and commuters. The apartments are similar to what you will find in Jersey City or Brooklyn, but are located in Montclair, which is a great place to live, and people want to live there.
The apartment complex is in line with the city’s plans for redeveloping the eastern entrance to their commercial district. Other projects on the agenda include a five-story mixed-use development that will be located next to the apartment complex.
New development will hopefully improve the streetscape and continue to bring about positive change to the region. The Montclarion apartment building provided more than $100,000 to the local town and will include two affordable units.
The one bedroom apartments at the Montclarion at Bay Street Station will be in the 700 square foot size range and will have a monthly rent price of around $2,250. Two bedroom apartments will have 1,100 to 1,500 square feet of space and will have a slightly higher cost of $2,650. The building offers several amenities including a business center, rooftop lounge and workout room. Parking is also included. Upon construction, the building began to see a waiting list take shape for interested renters.