 463 begins an intersection with PA 63 on the border of Hatfield Township and Towamencin Township in the North Penn Valley region, heading northeast on four-lane undivided Forty Foot Road into Hatfield Township. The road passes through commercial areas and farmland and narrows to two lanes. The route continues into residential areas with a few businesses and enters the borough of Hatfield, where it becomes West Broad Street. In Hatfield, the road continues northeast to the center of town. Here, PA 463 turns to the southeast on South Main Street and passes more residential and commercial development, crossing the Liberty Bell Trail and the Bethlehem Line railroad line that is owned by SEPTA and operated by the Pennsylvania Northeastern Railroad at-grade. The road continues back into Hatfield Township and becomes Cowpath Road, reaching a junction with Orvilla Road. The route crosses SEPTA's Lansdale/Doylestown Line at-grade southwest of the Fortuna station and intersects Broad Street in a commercial area.