There seem to be three processes to consider here:
- As the high-energy electron exits, it creates a rapidly varying electrical current, which produces intense electromagnetic fields for a short time. This may act on the other charged particles that are present, possibly creating further ionization and/or breaking the chemical bond.
- The nitrogen nucleus recoils, and this recoil could break the bond and/or create further ionization.
- The charge of the nucleus changes, so even if effects 1 and 2 didn't exist, the state of the electrons is no longer the ground state. It is now a linear combination of different states of the new element, which means there is some probability of excitation or ionization.
A paper by Oksyuk and Gerasimenko says that effect 2 is normally the important one.
From Linear Christmas's answer, we know that in the case of $\ce{^14C}$ decay, which has an unusually low energy, there is a fairly small but still appreciable probability of breaking the bond, and this is presumably caused by one or more of the above processes.
For process 1, it certainly isn't safe to assume that it's negligible because the electron leaves the molecule so quickly. If this were true, then beta particles wouldn't produce ionization when they came along from the outside and hit atoms. Although the time-scale for the electron to exit is short, its electromagnetic fields are intense. By the way, the motion of this electron is not insanely fast compared to the velocities of the other electrons. It has a typical velocity in this decay of about $0.5c$, which could be compared to an estimate of $Zc/137\approx 0.04c$ for an inner-shell electron in carbon.
To estimate process 1, let's use the mean rate of energy loss for beta particles in a solid. For $\pu{0.1 MeV}$ betas in a solid made of fairly light elements, this is about $(dE/dx)/\rho\approx 0.3$ MeV.m2/kg. Taking $\rho$ to be the density of water, and $\Delta x=0.2$ nm, we find $\Delta E=0.06$ eV, which seems to be a couple of orders of magnitude too low to break a bond. However, energy loss of betas is a process that has a lot of random variation about the mean, so it doesn't seem unreasonable to me to imagine that there is something like a 1% chance that it deposits 100 times this energy in the parent atom on its way out. This puts us in the right ballpark for this mechanism to contribute significantly to the observed probability of breaking a bond in NO.
So now let's consider process 2. Let $Q$ be the energy released in the decay and $M$ the mass of the recoiling nitrogen nucleus. We'll see that for kinematical reasons, almost all of the energy goes into the electron and antineutrino, not the nucleus. Suppose we want to find the maximum energy of the recoiling nucleus. This is attained in the case where the electron gets almost 100% of the energy, because for a fixed energy, a more massive particle carries more momentum. If the electron and neutrino were to share the energy, then their momentum vectors could also partially cancel, further reducing the recoil.
The decay energy of $\ce{^14C}$ is unusually low, but in most beta decays the beta is much more relativistic. Let's do the ultrarelativistic case first, both because the math is simpler and because it's a better guide to our intuition about what happens in general.
In the approximation that the beta is ultrarelativistic, its momentum (in the case where it carries all the energy in this example) is $p\approx Q/c$, and by conservation of momentum, this is also the momentum of the recoiling nucleus. Since the nucleus is nonrelativistic, its kinetic energy is $K=p^2/2M\approx Q^2/2Mc^2$.
As a typical example, let's take $\ce{^40K}$, which is the strongest source of naturally occurring beta radioactivity in our environment. It has an 89% probability of decaying to $\ce{^40Ca}$ plus an electron and an antineutrino. The energy for this decay mode is $\pu{1.33 MeV}$, which is almost $10$ times that of $\ce{^14C}$. The ultrarelativistic approximation for the electron is not too ridiculous; in the case where it gets almost all the energy (none to the neutrino), its velocity is about $0.96c$. The maximum kinetic energy of the recoiling calcium nucleus in this approximation is about $\pu{24 eV}$, which is clearly plenty of energy to break a chemical bond.
Without the ultrarelativistic approximation, the momentum of the beta, in the maximum-recoil case, isn't $Q/c$ but rather $\sqrt{(x+Q)^2-x^2}/c$, where $x=mc^2$, and $m$ is the mass of the electron. Even in the case of $\ce{^40K}$, it turns out that the ultrarelativistic approximation is not so great. The actual maximum recoil energy for the calcium is $\pu{41.7 eV}$, so although the approximation gives the right order of magnitude, it's off by almost a factor of $2$.
In the example of $\ce{^14C}$, the result for the maximum energy of the recoiling nitrogen is $\pu{7.0 eV}$, in agreement with Loong's answer. This is plenty of energy to break the bond. Another interesting case with a very low energy is $\ce{^3H}$ , in which the recoiling $\ce{^3He}$ has a maximum energy of only about $\pu{3 eV}$. People have used this to try to study the chemistry of helium.
So the take-away here is that in almost all cases, beta decay is very likely to break up the molecule in which it occurs.