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No way a part of that era would be Hall Effect.
I'd disconnect the end from the ABS, jack the wheel up, put the meter in ohms (I assume you have a digital meter) and spin the wheel; if your reading jumps (hopefully not from or to 0 ohms or infinity), heh heh, it's probably good. The amount of current this thing puts out is so small I don't think it could hurt the meter.
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