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): December 8, 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           (Commission            (IRS Employer
    of Incorporation)                  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
                                                    --------------

                                 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 December 8, 2004,  AMREP  Corporation  issued a press  release that
     reported  its results of  operations  for the three and six month  periods
     ended  October 31, 2004.  The press  release is being  furnished  with this
     Current  Report on Form 8-K as Exhibit 99.1 and is  incorporated  herein by
     reference.

          The information in this Form 8-K and the exhibit attached hereto shall
     not be deemed "filed" for purposes of Section 18 of the Securities Exchange
     Act of 1934, nor shall it be deemed incorporated by reference in any filing
     under the Securities Act of 1933, except as shall be expressly set forth by
     specific reference in such filing.

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

          (c) Exhibits:

          99.1 Press   Release,  dated  December   8,  2004,  issued  by  AMREP
               Corporation.


                                   SIGNATURE
                                   ---------


          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: December 9, 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       Press release, dated December 8, 2004, issued by AMREP Corporation.

                                       3