Nanoparticles of iron oxides (MNPs) were prepared using the electric explosion of wire technique (EEW). The main focus was on the fabrication of de-aggregated spherical nanoparticles with a narrow size distribution. According to XRD the major crystalline phase was magnetite with an average diameter of MNPs, depending on the fraction. Further separation of air-dry EEW nanoparticles was performed in aqueous suspensions. In order to provide the stability of magnetite suspension in water, we found the optimum concentration of the electrostatic stabilizer (sodium citrate and optimum pH level) based on zeta-potential measurements. The stable suspensions still contained a substantial fraction of aggregates which were disintegrated by the excessive ultrasound treatment. The separation of the large particles out of the suspension was performed by centrifuging. The structural features, magnetic properties and microwave absorption of MNPs and their aqueous solutions confirm that we were able to obtain an ensemble in which the magnetic contributions come from the spherical MNPs. The particle size distribution in fractionated samples was narrow and they showed a similar behaviour to that expected of the superparamagnetic ensemble. Maximum obtained concentration was as high as 5 % of magnetic material (by weight). Designed assembly of de-aggregated nanoparticles is an example of on-purpose developed magnetic nanofluid