Home Insurance in Hackensack, New Jersey
Homes in Hackensack carry a median value of $393,700 - 37% lower than the Bergen County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Hackensack was built around 1969. About 35% of homes were built before 1960, about 16 points below Bergen County's 51%.
Housing in Hackensack breaks down to 23% single-family homes and 64% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
About 67% of owner-occupied homes in Hackensack have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Hackensack has an owner-occupancy rate of 37% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
50% of homes in Hackensack are primarily heated with natural gas.
FEMA rates Bergen County's overall risk as Relatively High, led by coastal flooding (Very High). Bergen County had 10,272 active NFIP flood policies as of September 2026. See the full Bergen County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
In New Jersey, the statewide average premium for a standard HO-3 homeowners policy is $1,551 per year (NAIC, 2023 data).
Key figures
| Median home value | $393,700 |
|---|---|
| Median year built | 1969 |
| Owner-occupied share | 37% |
| Share of owner-occupied homes with a mortgage | 67% |
| Top county hazard | Coastal Flooding (Very High) |
| Active NFIP policies in Bergen County | 10,272 |
| Home insurance premium | $1,551 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)