It happened around 11:45 Saturday near the intersection of Morgan Boulevard and Olive Street.
Authorities say the five victims were sitting in a car in a field when a masked man walked up, got in the driver's side of the car and opened fire.
18-year-old Jewel Manire and 20-year-old Khalil Gibson were shot and killed.
The gunman then pushed the driver out of the seat and drove with the remaining victims to a dirt road off the 2500 block of Morgan Boulevard.
There, a 20-year-old female jumped from the vehicle and ran. The shooter chased her but she was able to escape and call 911.
A 16-year-old female was found shot in the head and is listed in critical condition.
A 17-year-old female was shot in the shoulder and the 20-year-old female was shot in the face.
All three victims were taken to Cooper University Hospital.
The suspect was last seen running toward basketball courts on a field near Morgan Boulevard.
He's described as a Hispanic male, approximately six feet tall. He wore a black mask over the lower part of his face and yellow latex gloves. He was armed with a gun and a machete.
Anyone with information is urged to contact Camden Police at (856) 757-7420 or the Camden County Prosecutor's Office at (856) 365-3239.