EXHIBIT 32

                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

     In  connection  with  the  Quarterly  Report  of  AMREP   Corporation  (the
"Company")  on Form 10-Q for the period ended January 31, 2005 as filed with the
Securities and Exchange  Commission on the date hereof (the  "Report"),  each of
the  undersigned  does hereby  certify,  pursuant to 18 U.S.C.  Section 1350, as
adopted  pursuant to Section 906 of the  Sarbanes-Oxley  Act of 2002, that to my
knowledge:

          (1) The Report fully complies with the  requirements  of section 13(a)
     or 15(d) of the Securities Exchange Act of 1934; and

          (2) The information  contained in the Report fairly  presents,  in all
     material respects, the financial condition and results of operations of the
     Company.

Dated:  March 15, 2005

                                                    /s/ Peter M. Pizza
                                                    ------------------
                                                    Peter M. Pizza
                                                    Vice President and
                                                    Chief Financial Officer

                                                    /s/ James Wall
                                                    --------------
                                                    James Wall*

                                                    /s/ Michael P. Duloc
                                                    --------------------
                                                    Michael P. Duloc*


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*The Company is a holding company which does  substantially  all of its business
through  two  wholly-owned   subsidiaries   (and  their   subsidiaries).   Those
wholly-owned  subsidiaries  are AMREP  Southwest  Inc.  ("ASW")  and Kable  News
Company,  Inc. ("Kable").  James Wall is the principal executive officer of ASW,
and Michael P. Duloc is the principal  executive  officer of Kable.  The Company
has no chief executive  officer and its only executive  officers are James Wall,
Senior Vice  President and Peter M. Pizza,  Vice President and Michael P. Duloc,
who may be deemed an executive officer by reason of his position with Kable.