Are you on the final table bubble?  There’s an argument to be made for over-limping or folding if that’s the case — not sure it’s good enough to justify not making what appears to be a profitable jam, however.  If I know the blinds are aggressive then I like the idea of over-limping much less.  I hate putting money in the pot when I’m this short and having to fold to a jam from the blinds.  

If you’re at the final table then it seems like a good spot to pick up some chips.  When it gets down to six players is when I like to start loosening up a bit.  I’m more afraid of someone calling light in this spot than trapping.  If someone is trapping then good on them.  The blinds are rarely going to call and you should fold out a huge part of the limper’s range.  Most small pairs, suited connectors and aces weaker than AJ should fold, you’ll probably even fold out AJ a decent amount of the time. 

Based on some dubious mental math it should be a profitable jam of over 1bb.  If between the blinds and the UTG limper you’re called 20% of the time and have 30% equity when called.  30% equity is probably a bit on the conservative side too since many of the calls by the UTG limper are going to either be flips or 60-40s.

Don’t take my word for it, though, this isn’t really a very complex EV problem unless you include multiple callers — even then it’s not unmanageable.  Bust out your equity calculator.

There are almost 30K chips in the pot with his limp, 20% of your stack.  I think you’ll be hard pressed to find a calling frequency/equity balance where this jam isn’t profitable.

You’re too short to 3-bet/fold.