first:
npm install -g nodemon
next add a script line to your package.json
"live": "nodemon server.js"
now when you npm live it’ll live reload
for more details see https://github.com/remy/nodemon
update if live page reload is also needed
npm install -g livereload
livereload . -w 1000 -d
for more details see https://github.com/napcs/node-livereload