What The Co Working Space does

The (Co)Working Space is a privately-held, founder-owned suburban coworking operator founded in 2009 in Woodbridge, New Jersey, where it opened the state's first coworking location. The company runs three locations across central New Jersey (Woodbridge, North Brunswick, and East Brunswick/South River) and serves freelancers, consultants, programmers, remote/telecommuting employees, and small business owners seeking flexible workspace in their home communities rather than in urban cores.

Its product portfolio is built on tiered subscriptions: hot-desk memberships range from $35 daily drop-ins to a $250/month 24/7 non-dedicated plan, dedicated desk cubicles run $350/month, and private offices for 1-4 people are priced $500-$1,200/month. Usage-based revenue comes from conference room rentals ($35/hour), event venue rentals ($300+ for 2 hours), and add-on services such as virtual mailbox ($25/month). The company also licenses its brand to enable expansion into additional suburban NJ communities, creating a franchise-like growth lever alongside organic location buildouts.

Operations are powered by the third-party Proximity platform, which handles bookings, membership management, member directory, billing, and mobile door-unlock via iPhone/Android apps. Prospective members can take a Matterport virtual tour before booking. The business is self-funded with no disclosed venture or private equity capital, and is led by founder Noelle Stary with a 1-10 person team across the three sites.

Name

The Co Working Space

Legal name

The (Co)Working Space

Website

https://coworkinginjersey.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

The (Co)Working Space operates three suburban New Jersey coworking locations (Woodbridge, North Brunswick, East Brunswick/South River), serving freelancers, remote workers, and small businesses with flexible desks, private offices, meeting rooms, and event space since 2009.

Ownership category

akta.pro rank

Product category

Coworking and Flexible Workspace Services

NAICS

Facilities Support Services (561210)

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

Hybrid Work Enablement & Desk/Room Booking Operations (BPABAFAH)

akta.pro secondary industry

Conference Room & Meeting Services Support (BPABAEAE)

Keywords

• Flexible coworking space
• Suburban office rentals
• Private office leasing
• Virtual office services
• Community workspace

Headquarters

HQ city

North Brunswick

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Coworking Desk Memberships: Recurring monthly subscriptions for hot desks, dedicated desks, and private cubicles offering 24/7 access. Includes flexible options like daily drop-ins, weekday-only plans, and full 24/7 access.
2. Private Office Rentals: Monthly rental of private offices for 1-4 people, providing dedicated enclosed workspace within the coworking environment.
3. Conference Room Bookings: Hourly, half-day, and full-day rental of conference rooms for member and non-member meetings, workshops, and events.
4. Virtual Mailbox: Monthly subscription for virtual office addresses and mail handling services starting at $25/month.
5. Event Venue Rental: Hourly rental of space for member events, happy hours, team-building events, and small conferences starting at $300 for 2 hours.
6. Brand Licensing/Franchise: The company licenses its brand to open new spaces in local communities, expanding its footprint while generating franchise/licensing revenue.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

The (Co)Working Space operates suburban coworking facilities in New Jersey offering flexible workspace memberships including hot desks, dedicated desk cubicles, private offices for 1-4 people, conference and event room rentals, and virtual mailbox services. Members gain 24/7 access to amenities such as WiFi, printing, coffee, parking, and community events, with bookings managed through the Proximity platform.

Product overview

The (Co)Working Space is a suburban coworking facility offering flexible workspace solutions across three New Jersey locations (Woodbridge, North Brunswick, and East Brunswick/South River). The product portfolio consists of three tiers: Hot Desk memberships (Daily Drop-ins at $35, Weekday Co-Working at $175/month, and 24/7 Non-Dedicated desks at $250/month), Dedicated Desk/Office solutions (Private Desk Cubicles at $350/month and Private Offices for 1-4 people ranging $500-$1,200/month), and Meeting/Event spaces (Conference Rooms at $35/hour and Event Spaces at $250-$500). Add-on services include Virtual Mail ($25/month via Spheremail), Proximity Mobile Apps for member management, and Virtual Tours. The company operates the Proximity coworking network platform for membership management, reservations, and member directory features.

Differentiator

Problem solved

Functional benefit

Products and services

• Daily Drop-in One-time desk access for a single day of coworking at any of the New Jersey locations, priced at $35/day, providing full access to amenities such as WiFi, printing, coffee, and parking. Intended for freelancers, consultants, and remote workers needing occasional professional workspace.
• 10 Daily Drop-ins Punch Pass Bundle of ten single-day drop-in passes at $140, providing flexible coworking access over multiple days without a recurring monthly commitment for occasional users.
• Weekday Co-Working Membership Recurring monthly coworking membership priced at $175/month providing access to open desks Monday through Friday, 9am-5pm, including standard amenities such as WiFi, printing, coffee, and parking. Aimed at freelancers and remote workers who do not need evening or weekend access.
• 24/7 Co-Working Membership (Non-Dedicated) Recurring monthly coworking membership priced at $250/month providing 24/7 access to open desks with non-dedicated seating, intended for members who need flexible round-the-clock access to professional workspace.
• 24/7 Private Desk Cubicle Recurring monthly membership priced at $350/month providing a dedicated private desk cubicle with 24/7 access, suited for members who want a permanent workspace while still benefiting from shared coworking amenities.
• Private Office for 1 Fully enclosed private office for a single occupant priced at $500/month, suitable for an individual professional or small business seeking a dedicated, lockable workspace within the coworking environment.
• Two Person Private Office Private enclosed office accommodating two people priced at $625/month, designed for small teams or partner pairs needing a dedicated office with shared coworking amenities.
• Three or Four Person Private Office Larger private office for teams of 3-4 people priced at $1,200/month, designed for small startups or teams needing a fully enclosed dedicated workspace with access to all coworking amenities.
• Conference Room Rental Conference room rental starting at $35/hour accommodating 2-10 people, with half-day (4 hours) at $100 and full day at $200, available to members and non-members for meetings, workshops, and small gatherings.
• Event Space Rental Weekend event venue rental for up to 20 guests with half day at $250 and full day at $500, intended for happy hours, team-building events, small conferences, and member events.
• Private Office Day Pass Full-day rental of a private office for one person at $75/day, suitable for one-off meetings or focused work without committing to a monthly office lease.
• Virtual Mailbox Service Virtual mailbox service providing a business mailing address and mail handling starting at $25/month, allowing members and non-members to establish a professional NJ business presence without a physical office.
• Coworking Brand Licensing Brand licensing program enabling operators in other suburban communities to open licensed (Co)Working Space locations under the company's brand and operating model, generating licensing and royalty revenue while expanding the company's geographic footprint.

Quantifiable outcome

• 71% of coworking members report increased creativity since joining coworking community (Desk Mag research)

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

One partnership is on record.

• Proximity (by ProxycoreTechnology or IntegrationProximity is the primary technology platform powering the coworking space's operations. It provides the booking/calendar system, membership management, member directory, billing processing, and mobile access control (door unlocking). Available as iPhone and Android apps, Proximity is described as the largest network of independent coworking spaces.

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/thecoworkingspace
• Instagraminstagram.com/coworkinginjersey

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Co Working Space