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): March 9, 2005
                                                          -------------

                                AMREP CORPORATION
 ------------------------------------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)


          Oklahoma                        1-4702                59-0936128
----------------------------         ----------------        ----------------
(State or Other Jurisdiction         (Commission File         (IRS Employer
    of Incorporation)                      Number)        Identification Number)


          641 Lexington Avenue, New York, New York             10022
-------------------------------------------------------------------------------
        (Address of Principal Executive Offices)            (Zip Code)


       Registrant's telephone number, including area code: (212) 705-4700
                                                           --------------

     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 March 9, 2005,  AMREP  Corporation  issued a press release that reported
its results of operations for the three and nine month periods ended January 31,
2005. 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  March  9,  2005,  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:   March  11, 2005                           By:    /s/ Peter M. Pizza
        ---------------                                  ------------------
                                                         Peter M. Pizza
                                                         Vice President and
                                                         Chief Financial Officer






                                  EXHIBIT INDEX 
                                  -------------


Exhibit
Number        Description
------        -----------

99.1          Press release, dated March 9, 2005, issued by AMREP Corporation.