Company: MSEX
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047381
Chunk: 24

Company: MIDDLESEX WATER CO
Filing Date: 2025-05-12
Form: 424B5
Chunk 24
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INAL OFFENSE.

<div align='center'>The date of this prospectus is May 12, 2025

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TABLE OF CONTENTS</div>

Page

| ABOUT THIS PROSPECTUS                                     |  1 |
| COMPANY OVERVIEW                                          |  2 |
| RISK FACTORS                                              |  5 |
| CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS |  6 |
| USE OF PROCEEDS                                           |  8 |
| DESCRIPTION OF OUR CAPITAL STOCK                          |  9 |
| PLAN OF DISTRIBUTION                                      | 12 |
| LEGAL MATTERS                                             | 14 |
| EXPERTS                                                   | 15 |
| WHERE YOU CAN FIND ADDITIONAL INFORMATION                 | 16 |
| INCORPORATION OF CERTAIN INFORMATION BY REFERENCE         | 17 |

We are responsible for the
information contained and incorporated by reference in this prospectus, in any accompanying prospectus supplement, and in any related
free writing prospectus we prepare or authorize. We have not authorized anyone to give you any other information, and we take no responsibility
for any other information that others may give you. If you are in a jurisdiction where offers to sell, or solicitations of offers to purchase,
the securities offered herein are unlawful, or if you are a person to whom it is unlawful to direct these types of activities, then the
offer presented in this document does not extend to you. The information contained in this document speaks only as of the date of this
document, unless the information specifically indicates that another date applies. Neither the delivery of this prospectus or any accompanying
prospectus supplement, nor any sale of securities made under these documents, will, under any circumstances, create any implication that
there has been no change in our affairs since the date of this prospectus, any accompanying prospectus supplement or any free writing
prospectus we may provide you in connection with an offering or that the information contained or incorporated by reference is correct
as of any time subsequent to the date of such information. You should assume that the information in this prospectus or any accompanying
prospectus supplement, as well as the information incorporated by reference in this prospectus or any accompanying prospectus supplement,
is accurate only as of the date of the documents containing the information, unless the information specifically indicates that another
date applies. Our business, financial condition, results of operations and prospects may have changed since those dates.

<div align='center'>ii

ABOUT THIS PRO