Different kinds of structures of RAP and different contents of cement were prepared. By means of standard compaction test, unconfined compressive strength, water stability, modulus and SEM test, the cementation effect with cement was studied. It was shown that the maximum dry density of RAP mixture rose from 1.91g/cm3 to 2.00g/cm3 with the increase of cement content when A/S was 0.4. The maximum dry density of RAP mixture would rise when adding more asphalt. The unconfined compressive strength rose from 1.48MPa to 2.63 MPa and then down to 2.28MPa when cement content was 6%. The best property could be got when A/S was 0.4 and the cement content was 6% with 9.5% water. The compressive strength of RAP mixture declined after it was cured in water for 24 h, but it had the same tendency with those of which had not been maintained in water. And it is also found that RAP does not obtain better stabilities in high temperature with modular test. From SEM test, it is shown that ettringite and CSH interlace and form the netted structure, and the aggregate would be enwrapped to increase the strength.