That's high. My rig is comparably equipped (97 4.0, 5spd, 3.07's, 150k miles, and C 8.25). It had minimal rust (2- 1X2" spots). I paid $3k two years ago. I doubt that's worth over $2k in the condition you described.
You can find a 91-95 XJ for $2-3k any day of the week...I would pass on...