Modern power supplies are usually of the switching variety and are not line frequency sensitive.
If it's an old-style analog power supply, a higher line frequency than the rating is OK. It may not be as efficient, but it will work. Using a lower line frequency than the rating will cause additional heating.
Try setting your ethernet interface to get its IP address via DHCP. Let it get the default route from the modem, then see if you can access 192.168.40.1.
I took a quick look at what happens in my router when accessing my modem. It looks like the modem intercepts its own traffic. It should have been forwarded to my default router, but the default router shouldn't know anything about the modem. I'll get a packet capture when I get a chance.