Sustainable waste and water management are key components of the newest EU policy regarding the circular economy. Simple, performant and inexpensive water treatment methods based on reusing waste are prerequisites for human health, sustainable development and environmental remediation. The design of performant, cost-effective absorbents represents a topical issue in wastewater treatment. This study aimed to investigate the development of a newly engineered adsorbent by functionalizing two different types of waste (industrial and food) with magnetic nanoparticles as environmentally friendly, highly efficient, cheap material for cadmium removal from aqueous solutions. This nano-engineered adsorbent (EFM) derived from waste eggshell and fly ash was used to remove the cadmium from the aqueous solution. SEM analysis has demonstrated that magnetite nanoparticles were successfully loaded with each waste. In addition, was obtained a double functionalization of the eggshell particles with ash and magnetite particles. As a result of this, the EFM surface area substantially increased, as confirmed by BET. A comprehensive characterization (BET, FT-IR, SEM, XRD and TGA) was performed to study the properties of this newly engineered adsorbent. Batch experiments were conducted to investigate the influence of different reaction parameters: temperature, pH, contact time, dosage adsorbent, initial concentration. Results showed that cadmium adsorption reached equilibrium in 120 min., at pH 6.5, for 0.25 g of adsorbent. The maximum efficiency was 99.9%. The adsorption isotherms research displayed that the Cd2+ adsorption fitted on the Freundlich model indicated a multi-molecular layer adsorption process. In addition, the thermodynamic study (Delta G < 0, Delta H > 0; Delta S > 0) shows that cadmium adsorption is a spontaneous and endothermic process. The adsorbent kinetic study was described with the pseudo-second-order model indicating a chemisorption mechanism. Desorption results showed that the nano-engineered adsorbent (EFM) can be reused. These data confirmed the possibility to enrich relevant theoretical knowledge in the field of waste recovery for obtaining newly designed adsorbents, performant and inexpensive for wastewater remediation.