The line was purchased by New Jersey Transit in 1999 for its River Line light rail service between Trenton and Camden. As part of the deal, Conrail retains trackage rights over the line.
Today
At present, the line is primarily used for the River Line service, which operates on the same tracks used by freight trains for much of its route. To achieve Federal Railroad Administration approval for the operation, light rail and freight operations are time separated. Conrail's agreement with New Jersey Transit gives exclusive access to light rail operations from 6:00 AM to 10:00 PM Sunday through Friday. Conrail has exclusive access for freight service during the overnight hours, but may run trains on the southern end of the alignment any other time with prior approval from New Jersey Transit or in emergencies.