New York New Jersey is a Tier 1 US data center market in NY/NJ on the PJM grid. Colocation inventory is about 723 MW (JLL Midyear 2025: New Jersey 531 MW + New York 192 MW (sum = 723 MW); CBRE H1 2024 ‘New York Tri-State’ 190.0 MW (H1 2025)). Typical colocation pricing runs New Jersey $145-225/kW/month. GoDataCenters tracks 149 facilities from 43 operators in the metro.
New York New Jersey data center market at a glance
| Metric | Value | Source |
|---|---|---|
| Operational colocation inventory | 723 MW | JLL Midyear 2025: New Jersey 531 MW + New York 192 MW (sum = 723 MW); CBRE H1 2024 ‘New York Tri-State’ 190.0 MW (H1 2025) |
| Under construction | 43 MW | JLL Midyear 2025: NJ 19 MW + NY 24 MW; CBRE H2 2025: NY Tri-State under construction flat YoY (H1 2025) |
| Planned pipeline | 172 MW | JLL Midyear 2025: NJ 124 MW + NY 48 MW (H1 2025) |
| Net absorption | 23 MW | JLL Midyear 2025 H1 2025 absorption: NJ 18 MW + NY 5 MW |
| Typical pricing (kW/month) | New Jersey $145-225/kW/month; New York $145-185/kW/month for 1-5 MW (JLL H1 2025) | |
| Grid operator | PJM (New Jersey); NYISO (New York) | |
| Power utility | PSE&G and JCP&L (NJ); Con Edison (NYC); PSEG Long Island | |
| Facilities tracked by GoDataCenters | 149 | GoDataCenters facility database |
How available is power for data centers in New York New Jersey?
PJM pricing increases continue to push occupiers to consider adjacent markets; NJ showing emerging interest in powered land (CBRE H2 2025). New York imposed a one-year moratorium on new data centers of 50 MW+ by executive order signed July 14, 2026 (Thomson Reuters).
Power is served by PSE&G and JCP&L (NJ); Con Edison (NYC); PSEG Long Island. Grid operator: PJM (New Jersey); NYISO (New York).
Who are the major data center operators in New York New Jersey?
Major operators active in the market: Equinix (NY/NJ campuses), Digital Realty, CoreSite, DataBank, QTS (Piscataway), CyrusOne (Totowa), Iron Mountain (NJE), Telehouse, Evoque/Centersquare, 365 Data Centers, CoreWeave (NJ).
| Operator | Facilities in metro (GoDataCenters DB) |
|---|---|
| Digital Realty | 11 |
| Equinix | 8 |
| 365 Data Centers | 7 |
| Lumen | 7 |
| DataBank | 6 |
| Colocation America | 5 |
| Csquare | 4 |
| Cologix | 4 |
| Telehouse America | 3 |
| CoreSite | 3 |
| American Business Continuity Centers, LLC. | 3 |
| QTD Systems | 2 |
Facility concentration by city: New York (65), Hudson County (17), Newark (16), Secaucus (13), Piscataway (13), Long Island (10), Westchester County (5), Morris County (4), Princeton (3), New Brunswick (3).
What does colocation cost in New York New Jersey?
Typical pricing bands: New Jersey $145-225/kW/month; New York $145-185/kW/month for 1-5 MW (JLL H1 2025). Bands are brokerage-reported ranges for the market, not quotes. Actual rates depend on power density, term, ramp and redundancy.
Fiber and carrier presence in New York New Jersey
Financial services are key demand drivers; 60 Hudson St, 111 8th Ave and 32 Ave of the Americas are the core Manhattan carrier hotels; Secaucus/Piscataway are key NJ campuses (CBRE H2 2025 context).
What tax incentives apply to data centers in NY/NJ?
| Item | Detail |
|---|---|
| State sales/use tax exemption | partial |
| Program | New York: sales tax exemption on data center equipment (per SDIA/h5); New Jersey: no dedicated program; Next New Jersey AI incentive ($250M) frozen |
| Threshold | NY: no threshold specified in sources; NJ: $250M AI program frozen with CoreWeave grandfathered |
| Note | NY Governor pursuing legislation to repeal sales tax exemptions for large data centers and imposed 1-yr moratorium on 50 MW+ facilities (EO July 14, 2026). NJ exploring prevailing wage requirements. |
New York New Jersey colocation by capacity band
Frequently asked questions
How much data center capacity is in New York New Jersey?
About 723 MW of operational colocation inventory per JLL Midyear 2025: New Jersey 531 MW + New York 192 MW (sum = 723 MW); CBRE H1 2024 ‘New York Tri-State’ 190.0 MW (H1 2025). A further 43 MW is under construction.
What is the typical colocation price per kW in New York New Jersey?
New Jersey $145-225/kW/month; New York $145-185/kW/month for 1-5 MW (JLL H1 2025).
Which grid serves New York New Jersey data centers?
PJM (New Jersey); NYISO (New York). Utility: PSE&G and JCP&L (NJ); Con Edison (NYC); PSEG Long Island.
Does NY/NJ offer a data center sales tax exemption?
partial. Program: New York: sales tax exemption on data center equipment (per SDIA/h5); New Jersey: no dedicated program; Next New Jersey AI incentive ($250M) frozen. Threshold: NY: no threshold specified in sources; NJ: $250M AI program frozen with CoreWeave grandfathered.
Is New York New Jersey a Tier 1, Tier 2 or Tier 3 data center market?
New York New Jersey is classified as a Tier 1 market, using the CBRE, JLL and Cushman & Wakefield market tracking conventions.
Related pages
Need capacity in New York New Jersey?
Tell us the MW, timing and density. We match requirements to operators with live availability, at no cost to the buyer.
Operate a facility here?
Claim your listing on GoDataCenters to correct specifications and receive the quote requests buyers submit for this market.
Sources
- https://realestatedaily-news.com/wp-content/uploads/2025/08/JLL-North-America-Data-Center-Report-Midyear-2025-8.14.25.pdf
- https://www.cbre.com/insights/books/north-america-data-center-trends-h2-2025/new-york-tri-state-data-center-market
- https://www.cbre.com/press-releases/north-american-data-center-vacancy-rates-hit-record-low-despite-significant-supply-growth
- https://www.datacenterdynamics.com/en/news/cbre-new-data-center-capacity-under-construction-in-primary-us-markets-declines-year-on-year/
- https://tax.thomsonreuters.com/news/multistate-monitor-states-diverge-on-data-center-tax-incentives/
- https://www.constructionowners.com/insights/data-center-tax-incentives-state-by-state-whos-still-giving-whos-taking-back
- https://knowledge.sdialliance.org/policies/us-tax-incentives-for-data-centers-by-state
Data compiled by GoDataCenters. Last updated 2026-09-02. Figures are market-level ranges from cited reports, not quotes.