Hosting both tsunami earthquakes and slow slip events at shallow depth, the northern Hikurangi margin has motivated strong research efforts over the last two decades to better understand the relation between fluid pressure and fault mechanical behavior. Recently, IODP Expeditions 372 and 375 drilled, cored, and logged the basin entering this subduction zone providing a unique opportunity to characterize initial hydrogeological and petrophysical properties that drive seismic hazards along the margin. We inventory bound and interstitial fluid contents and assess the compaction state of the heterogeneous incoming sequence by correcting shipboard total connected porosity from the bound water content that typically characterizes clay‐rich sediments. By combining mercury injection capillary pressure, nuclear magnetic resonance, and nitrogen gas adsorption, we further document the evolution of pore structure with increasing depth. We also compare porosity data at the logging and sample scales. Both logging and laboratory data evidence contrasted porosity, pore structure, and fluid distribution across the entering section. Shallow macroporous siliciclastic units show very low bound water content and undergo compaction‐induced dewatering as they are normally consolidated during burial. In contrast, mesoporous volcaniclastic Hikurangi Plateau facies are characterized by high potential for bound water release from smectite, zeolite, and opal dehydration at greater depths. They mostly exhibit very low permeability except potentially in uncemented highly porous intervals where the décollement may initiate. Macroporous to mesoporous pelagic carbonates sandwiched in between exhibit mixed behavior and may also host the future décollement, similarly to the southern part of the margin.