Item 8.01 Other Events.

On January 23, 2009, Wilshire Enterprises, Inc. (the "Company") sent a letter to Mr. Phillip Goldstein, Managing Member, Full Value Advisors LLC, General Partner of Full Value Partners, L.P. A copy of the letter is attached to this 8-K as Exhibit 99.1.

IMPORTANT ADDITIONAL INFORMATION AND WHERE TO FIND IT:

In connection with its upcoming annual meeting, Wilshire will file a definitive proxy statement with the Securities and Exchange Commission (the
"SEC"). INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE PROXY STATEMENT WHEN IT BECOMES AVAILABLE BECAUSE IT WILL CONTAIN IMPORTANT
INFORMATION. Investors and security holders may obtain a free copy of the proxy statement (when available) and other relevant documents filed with the SEC from the SEC's website at www.sec.gov. Wilshire's security holders and other interested parties will also be able to obtain, without charge, a copy of the proxy statement and other relevant documents (when available) by directing a request by mail to the Company 1 Gateway Center, Newark, NJ 07102, or by telephone to 201-420-2796.

Wilshire and its directors and officers may be deemed to be participants in the solicitation of proxies from the Company's stockholders with respect to the annual meeting. Information about Wilshire's directors and officers and their ownership of the Company's Common Stock is set forth in Wilshire's proxy statements and Annual Reports on Form 10-K previously filed with the SEC, and will be set forth in the proxy statement relating to the annual meeting when the proxy statement becomes available.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The following exhibit is attached to this Current Report on Form 8-K:

Exhibit Number Description

Exhibit 99.1 Letter, dated January 23, 2009, to Mr. Phillip Goldstein.

-2-

---