Pennsylvania Route 507 is a 27.2-mile-long (43.8 km) state highway located in Monroe, Wayne, and Pike counties in Pennsylvania. The southern terminus is at PA 435 and at an interchange with Interstate 380 (I-380) near Gouldsboro. The northern terminus is at U.S. Route 6 in Palmyra Township. PA 507 runs southwest-northeast as a two-lane undivided through forests in the upper reaches of the Pocono Mountains, with the northern section nearly parallel to Lake Wallenpaupack. The route passes through Gouldsboro before it crosses PA 196 in Angels. In Newfoundland, PA 507 and PA 191 run concurrent for about 2 miles (3.2 km) and intersect the north end of PA 447. After splitting from PA 191, the route has an interchange with I-84 and a junction with the northern terminus of PA 390 before ending at US 6. PA 507 was designated between US 611 west of Gouldsboro and US 6 in Tafton in 1928. The route was fully paved by the 1930s and has remained on the same alignment since.

Wayne is a county in the Commonwealth of Pennsylvania. The county's population was 51,155 at the 2020 census. The county seat is the Borough of Honesdale. The county was formed from part of Northampton County on March 21, 1798, and was named for the Revolutionary War General Anthony Wayne. The county is part of the Northeast Pennsylvania region of the state.