Persistent and stable nitrogen‐centered organic radicals, including non‐heterocyclic/heterocyclic nitrogen‐centered radicals and nitrogen‐centered radical complexes, have attracted much attention due to their special multiple physical properties. Up to now, numerous nitrogen‐centered radical materials have been developed and applied as functional materials in magnetic, electronic, optical, and biologic fields. This review aims to discuss their structural features, physical properties, and recent progress in materials applications. Finally, an outlook providing inspiration for the future development is given.