NO : The oxidation state of N is +2, and this is a colourless, paramagnetic gas (ie. it is a radical, or contains an unpaired electron). It plays an important role in the formation of ozone in the atmosphere.
NO2 : The oxidation state of N is +4. This exists in equilibrium between NO2 and N2O4. NO2 is a brown, paramagnetic gas (ie. it contains an unpaired electron), and N2O4 is a colourless, diamagnetic solid (ie. it contains only paired electrons).