Updated

FBI agents investigating a kidnapping case in New Jersey confirmed to Fox News on Wednesday that the victim, a 17-year-old Philadelphia boy, has been found safe after the suspect was shot and killed during a "confrontation" with authorities. 

The shooting happened in Leonia – just across the river from New York City.

"The FBI Newark and Philadelphia Field Offices were involved in a kidnapping investigation in the area of Leonia, N.J.," the FBI told Fox News in a statement. "During the course of the confrontation with subjects, one subject was shot and is deceased. The victim was safely recovered. 

"There are no threats to the community," the FBI added, noting that the boy has been released from the hospital after an evaluation.

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A neighbor who reported hearing the shooting told NBC New York that it happened around 3:45 a.m. this morning. 

"It was terrifying," she said. "I had such a bad feeling in my stomach, it's such a quiet and peaceful neighborhood. I never imagined something like that could happen in this neighborhood. It's just devastating."