8-K

             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) January 17, 2005



           MONMOUTH REAL ESTATE INVESTMENT CORPORATION
     (Exact name of registrant as specified in its charter)


         MARYLAND             000-04258          22-1897375
     (State or other         (Commission        (IRS Employer
     jurisdiction of         File Number)     Identification No.)
     incorporation)


3499 Route 9N, Suite 3C, Freehold, NJ              07728
 (Address of principal executive offices)        (Zip Code)



Registrant's telephone number, including area code (732) 577-9996




                         Not applicable
  (Former name or former address, if changed since last report)

				Page 1



Item 7.01    Regulation FD Disclosure.

      On  January 17, 2005, Monmouth Real Estate  Investment
Corporation   issued   a   press  release   announcing   the
acquisition  of a 38,210 square-foot industrial building  at
2902  Gun Club Road, Augusta, Georgia, for a purchase  price
of $3,700,000.


Item 9.01  Financial Statements and Exhibits.

  (c)  Exhibits.

  99 Press Release dated January 17, 2005





                           Page 2







                         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.



       MONMOUTH  REAL  ESTATE INVESTMENT CORPORATION




               /s/ Anna T. Chew
               ANNA T. CHEW
               Chief Financial Officer



     Date January 17, 2005
          _________________














                           Page 3

EX-99

FOR IMMEDIATE RELEASE              January 17, 2005
                                   Contact:  Rosemarie Faccone
                                             Susan Jordan
                                             (732) 577-9996



         MONMOUTH REAL ESTATE INVESTMENT CORPORATION
                  ANNOUNCES NEW ACQUISITION


      Freehold, NJ,   January 17, 2005..On January 17, 2005,
Monmouth      Real     Estate     Investment     Corporation
(NASDAQ/NMS:MNRTA)  announced the acquisition  of  a  38,210
square  foot  industrial building at  2902  Gun  Club  Road,
Augusta,  Georgia,  for  a purchase price  of  approximately
$3,700,000.   This property is net-leased  to  FedEx  Ground
Package  System,  Inc.,  a  subsidiary  of  Federal  Express
Corporation, for ten years.

     The   building  was  purchased  from  Augusta  Baseline
Development   LLC.,  a  North  Carolina  limited   liability
company,  which  constructed the building  for  the  tenant.
Stan Johnson Company acted as broker for the seller.

      Cynthia  J.  Morgenstern,  Executive  Vice  President,
expressed her continued pleasure with the Company's progress
in  increasing  its  portfolio  of  high-quality  industrial
properties net-leased to investment grade tenants.

      Monmouth Real Estate Investment Corporation, which was
organized   in  1968,  is  a  publicly-owned   real   estate
investment   trust  specializing  in  net-leased  industrial
properties.   The  Company's equity  portfolio  consists  of
thirty-seven  industrial properties and one shopping  center
located  in  New  Jersey,  New York, Connecticut,  Maryland,
Michigan,   Mississippi,  Missouri,   Massachusetts,   Iowa,
Illinois, Nebraska, North Carolina, South Carolina,  Kansas,
Pennsylvania, Florida, Virginia, Ohio,  Wisconsin,  Arizona,
Georgia,  and  Colorado.  In addition, the  Company  owns  a
portfolio of REIT securities.

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