A simple methodology for encapsulating ca. 10 nm-sized superparamagnetic Fe3O4 nanoparticles in zeolitic imidazolate frameworks (ZIF-8) crystals was developed. The corresponding Fe3O4@ZIF-8 heterostructured material exhibits bifunctional properties with both high magnetization (Fe3O4) and high thermal stability, large specific surface, and catalytic properties (ZIF-8). The Fe3O4@ZIF-8 catalyst exhibits fair separation ability and reusability, which can be repeatedly applied for Knoevenagel condensations and Huisgen cycloadditions for at least ten successive cycles.