"We have learned so much about bookselling, the retail business and our customers," Owner Bill Skees said in a statement. "You are no longer customers in our eyes - only dear friends and members of our extended family. I've had the opportunity to realize my lifetime dream, and each of you helped it come true."
The store will hold a "Going out of Business" sale featuring 20 percent off all items in the store.
Well Read is located at 425 Lafayette Ave.
Click here to follow Daily Voice South Passaic and receive free news updates.