The invention provides a normal-temperature and quick-bonding waterproof adhesive for a paper product and a preparation method of the normal-temperature and quick-bonding waterproof adhesive. The normal-temperature and quick-bonding waterproof adhesive is characterized by being prepared by reacting water, alkali-soluble acrylate emulsion, filler, a cross-linking agent, a TL water-proofing agent, emulsified silicone oil, Kathon, sodium hexametaphosphate and ammonium hydroxide according to certain proportions, a certain process and requirements. The adhesive provided by the invention has the advantages of wide applicability, high initial adhesiveness, low cost, good water resistance and the like; the requirements of low-temperature production of paper products such as corrugated paper board and honeycomb paperboard production lines are met.