EXCLUSIVE

6:25 PM PT -- A rep for Fetty Wap tells TMZ, "Fetty Wap was involved in a motorcycle accident earlier today he was treated at a local hospital and is in stable condition."

11:55 AM PT -- A source close to Fetty tells TMZ the rapper is awake and talking at the hospital and appears to be OK ... we're told doctors are running tests for any possible fractures. He was riding alone during the accident.

Fetty Wap was just involved in a scary motorcycle accident in his hometown of Paterson, New Jersey.

An eye-witness tells TMZ the rapper was on his motorcycle Saturday and tried passing one vehicle, he didn't see another coming in the opposite direction and they collided.

Paramedics rushed Fetty to a local hospital. It appears he was conscious and sitting up ... but his injuries are unclear at this time.