Real Estate

New Luxury Apartment Building Opens In Montclair

Residents at The Clair will also have access to perks at the MC Hotel in Montclair, developers said.

A new luxury apartment building is open in Montclair: “The Clair.” Above, a previously released artist rendering of the property.
A new luxury apartment building is open in Montclair: “The Clair.” Above, a previously released artist rendering of the property. (The Hampshire Companies)

MONTCLAIR, NJ — A new luxury apartment building is open in Montclair: “The Clair.”

The 40-unit building is located at 37 Orange Road near the Bloomfield Avenue corridor. It includes one and two-bedroom apartments, and a variety of amenities that include valet parking, package service, community wi-fi, electric vehicle charging stations, a clubhouse and business center, an outdoor courtyard with grills, a roof terrace and in-unit house cleaning.

The multi-family building is a joint venture between The Hampshire Companies and The Pinnacle Companies. OceanFirst Bank provided financing for The Clair. The Hampshire Companies has tapped Sparrow Asset Management to oversee leasing at the community. The Hampshire Companies will serve as property manager upon stabilization.

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According to the property's website, rents range from $2,380 per month for a studio apartment, to $5,625 per month for a two-bedroom unit.

The Hampshire/Pinnacle partnership is also the team behind the 159-room MC Hotel, which opened last year and has some perks for residents of The Clair, a news release noted:

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“Residents of The Clair enjoy exclusive access to the adjacent 159-room MC Hotel, built by The Hampshire Companies and The Pinnacle Companies, which offers a wealth of amenities including a fully-equipped business center, stylish indoor/outdoor lounge spaces, a modern fitness center, and convenient drop-off dry cleaning services. Additionally, the partnership provides residents with special perks such as discounted hotel rooms and catering events and savings at the hotel’s Allegory Restaurant & Bar, MC Market and the award-winning Alto Rooftop Lounge.”

“Apartment residents today seek opportunities to connect not only with their fellow residents but also with the vibrant community right outside their doors,” said James Hanson II, president and CEO of The Hampshire Companies.

“We are confident that The Clair’s comprehensive amenity package and prime location at the gateway to one of the state’s most dynamic downtowns provide the perfect environment to foster these connections,” Hanson said.

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