Highly sensitive measurement of the very weak magnetic characteristics of magnetic particles in solution or of a solution itself is required for applications such as biomedical examinations. In this study, higher sensitivity and additional performance with relaxation measurement and harmonic signal detection were achieved by improvement of the driving mechanism and high resolution electric magnet, and optimization of the superconducting quantum interference device (SQUID) detection unit. A servomotor was used for sample vibration and rotation with precise control and high speed. For detection of the M-H characteristics, the sample was vibrated under the magnetic field in the electromagnet. For measuring the relaxation of the magnetization, the sample was rotated. A first-order differential pickup coil with a normal conducting wire connected to the input coil of a high temperature superconductor (HTS)-SQUID was used to detect the magnetic signal from the sample. High resolution measurement of the magnetic moment in the order of 10 -11 A m 2 was achieved with this system configuration. An AC magnetic field with a DC bias could then be applied to the sample for detection of the harmonic signal. The magnetic relaxation signal from the sample was measured by another of the same type of differential detection coil equipped outside of the electric magnet by rotating instead of vibrating the sample. Magnetization curve for a lowconcentration of iron nanoparticles with superparamagnetic character in solution was successfully measured using the developed magnetometer, and the relaxation phenomenon was also characterized. Index Terms-magnetic susceptibility, SQUID, magnetometer, magnetization, Brownian relaxation.