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): July 13, 2004
                                                         ---------------------

                                AMREP CORPORATION
                            ------------------------

             (Exact name of registrant as specified in its Charter)


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


                 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
                                                           --------------





                                 Not Applicable
                       -----------------------------------
                       (Former Name or Former Address, if
                          Changed Since Last Report)









ITEM 7.  Financial Statements, and Exhibits.
         -----------------------------------

         (c)   Exhibits:

         99.1  Press Release dated July 13, 2004 issued by AMREP Corporation.


ITEM 12.  Results of Operations and Financial Condition.
          ----------------------------------------------

     On July 13, 2004 AMREP Corporation issued a press release that reported its
results of  operations  for the three months and twelve  months ending April 30,
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.




                                    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:  July 14, 2004                      By: /s/ Peter M. Pizza
                                          ----------------------
                                          Peter M. Pizza
                                          Vice President and
                                          Chief Financial Officer










                                  Exhibit Index


Exhibit No.                                               Exhibit
-----------                                               -------

   99.1                                           Text of Press Release
                                                  Issued July 13, 2004.