Nanosized ferrite spherical particles, ∼30 nm in diameter as revealed by scanning electron microscopy, were synthesized from an aqueous Fe(OH)2 suspension (pH=7.6–8.0) at 25 °C by oxidizing it with H2O2. The nanoparticles were of a spinel structure of an intermediate between Fe3O4 and γ-Fe2O3, as revealed by x-ray diffraction. Compared to the nanoparticles synthesized by our previous method in which an aqueous solution of Fe2++Fe3+ was oxidized by air (oxygen), the nanoparticles increased in size, from ∼10 nm (previous method) to 30 nm. Also saturation magnetization increased, though slightly, from 76 emu/g (previous method) to 80 emu/g (present method). Therefore, the ferrite nanoparticles synthesized by this method will improve the efficiency of magnetic separation. Because synthesis is performed at room temperature and neutral conditions (pH=7.1–7.8), which are compatible with most bioactive molecules (e.g., antibodies and proteins), these molecules will be immobilized onto the surface of the nanoparticles during their syntheses.