Carly Zale, 18, was arrested after a traffic stop around 2:00 p.m. on Tuesday.
Police say it was around noon when the hearse was reported stolen from the Zale Funeral Home on White Horse Pike in Stratford.
Then, about two hours later, an officer on an unrelated case saw the hearse being driven in the area of Suckle Highway and National Highway in Pennsauken.
The officer conducted a traffic stop and determined the hearse had been reported stolen.
Zale is charged with possession of a stolen vehicle.