SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): September 14, 2004
                                                 ----------------------

                                AMREP CORPORATION
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             (Exact name of registrant as specified in its Charter)


          Oklahoma                        1-4702                59-0936128
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(State or other jurisdiction of        (Commission            (IRS Employer
incorporation or organization)         File Number)          Identification No.)


          641 Lexington Avenue, New York, New York             10022
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        (Address of principal executive offices)            (Zip Code)


Registrant's telephone number, including area code: (212) 705-4700
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                                 Not Applicable
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          (Former Name or Former Address, if Changed Since Last Report)

     Check the  appropriate  box below if the Form 8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
    230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
    240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))







Item 2.02 Results of Operations and Financial Condition.
          ----------------------------------------------

          On September  14, 2004 AMREP  Corporation  issued a press release that
     reported its results of  operations  for the three  months  ending July 31,
     2004 and its financial  condition at that date. The text of that release is
     attached as Exhibit  99.1 to this  Report.  This Report and its Exhibit are
     furnished to, and not filed with, the Commission.



ITEM 9.01 Financial Statements and Exhibits.
          -----------------------------------

         (c)   Exhibits:

         99.1 Press   Release   dated   September  14,  2004  issued  by  AMREP
               Corporation.


                                    SIGNATURES

          Pursuant to the  requirements of the Securities  Exchange Act of 1934,
     the  Registrant  has duly  caused this report to be signed on its behalf by
     the undersigned hereunto duly authorized.



                                          AMREP CORPORATION

     Date:  September 16, 2004            By: /s/ Peter M. Pizza
            ------------------                ---------------------------
                                              Peter M. Pizza
                                              Vice President and
                                              Chief Financial Officer



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                                  Exhibit Index


  Exhibit
   Number                       Description
  -------                       -----------
   99.1                         Text of Press Release Issued September 14, 2004.


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