Company: MSEX
Filing Date: 2025-05-12
Form Type: S-3ASR
Source: 0001104659-25-047075
Chunk: 2

Company: MIDDLESEX WATER CO
Filing Date: 2025-05-12
Form: S-3ASR
Chunk 2
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 sell our
securities to or through one or more agents, underwriters, dealers or other third parties or directly to one or more purchasers on a continuous
or delayed basis or through a combination of such methods. See “Plan of Distribution” on page 12. If agents, underwriters
or dealers are used to sell our securities, we will name them and describe their compensation in a prospectus supplement. If any agents,
underwriters or dealers are involved in the sale of any of the securities, their names, and any applicable purchase price, fee, commission
or discount arrangements between or among them, will be set forth, or will be calculable from the information set forth, in the applicable
prospectus supplement.

Investing in our securities involves certain risks. You should carefully review the risks and uncertainties referenced under the heading “Risk Factors” on page 3 of this prospectus as well as those contained in the applicable prospectus supplement and any related free writing prospectus, and in the other documents that are incorporated by reference into this prospectus or the applicable prospectus supplement.

NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL 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