Uniform 6-13 nm sized 0D superparamagnetic Fe 3 O 4 nanocrystals were synthesized by an aqueous 'coprecipitation method' under a N 2 atmosphere as a function of temperature to understand the growth kinetics. The crystal phases, surface charge, size, morphology and magnetic characteristics of assynthesized nanocrystals were characterized by XRD, Raman spectroscopy, FTIR, TG-DTA, BET surface area, dynamic light scattering along with zeta potential, HR-TEM, EDAX, vibrating sample magnetometry and Mössbauer spectroscopy. TEM investigation revealed highly crystalline spherical magnetite particles in the 8.2-12.5 nm size range. The kinetically controlled as-grown nanoparticles were found to possess a preferential (311) orientation of the cubic phase, with a highest magnetic susceptibility of $57 emu g shows that the particles are ferromagnetic at room temperature with zero remanence and zero coercivity. This method produced highly crystalline and dispersed 0D magnetite nanocrystals suitable for biological applications in imaging and drug delivery.