Cobalt-zinc ferrite nanoparticles were synthesized using environmentally friendly approach with quince extract as a reducing agent. Crystal structure and morphology of the obtained materials were studied by XRD, SEM-EDS, Mössbauer and IR spectroscopy. The synthesized nanoparticles have a cubic spinel structure and crystallite size ranging from 5 to 9 nm. The infrared spectra contain characteristic absorption bands for the M-O (∼560 cm) and M-O bonds (∼420 cm). Force constants were calculated for both tetrahedral and octahedral bonds. As the Co content increases, the force constant for the tetrahedral bond increases and the force constant for the octahedral bond decreases. The obtained ferrite nanoparticles have good magnetization as shown by VSM (in the range from 36 to 67 emu/g). Magnetic nanoparticles CoZnFeO were also tested for induction heating with electromagnetic field. The sample with x (Co) = 0.4 has the highest specific absorption rate. The synthesized samples were tested as adsorbents using the Congo Red dye as model pollutant. The best adsorbent was pure zinc ferrite with the adsorption capacity of 24.7 mg/g. The catalytic activity of the obtained ferrites for the decomposition of HO was studied as well. The most active catalyst was pure cobalt ferrite. Probably, the active centers are octahedral cobalt ions. Thus, the obtained magnetic nanoparticles can be used for the adsorptive removal of pollutants, catalytic decomposition of the HO and low-frequency hyperthermia.