Should I sell my property?

[Devang Patel]

I have a 4 unit in NJ that i purchased 4 years ago.  From the beginning this property has been difficult.  I had to evict 3 out of the 4 units initially.  Thereafter I have had to take tenants to court constantly to get them to be able to pay.  Currently, I have a problem tenant who has not paid in over 12 months and due to Covid cannot do anything about it.  They also have forced my best paying tenant out by apparent harassments.  The other two tenants are always 1-2 months behind at this point.  Obviously during normal times I could proceed with court hearings but due to the moratorium and super slow court hearings, I am stuck.  I am thinking of selling but recently drove by the property for the first time in a year (i have a property manager and bc of covid have been mostly working from home and staying local) and saw a bunch of new apartment buildings nad restaurants being close to completion just a block a way. Could this be a sign for a neighborhood revitalization or should i sell while the investor excuberence is still high in spite of the difficulties in evicting? I am very concerned about the long term ability to evict tenants in NJ and the state leaning more and more towards being tenant friendly.