Warning, Warning: Danger Will Robinson!
A 3700 lb boat/trailer package is manageable for an XJ with proper gearing, suspension & brake modifications as discussed previously, but you must put hydraulic surge brakes on that trailer! Electric brakes are not an option for a boat trailer (ever launched a boat, Kejtar?) There are electric-over-hydraulic brake systems available, but they are very expensive. This would give you the ability to use a brake controller for manual override, but boat trailers are inherently less prone to sway due to the long tongue length, and work very well with standard surge brakes assuming they are properly maintained. This long tongue length generally puts a substantial tongue weight on the tow rig, which is where helper springs, airbags, and/or a weight distribution hitch comes into play. Doing this on a lifted XJ only hurts you with the raised COG, bigger tires, flexier springs, and commonly deleted rear sway bar.
Having a larger, heavier tow rig provides a substantial margin of safety... instead of fighting with a squirrely rig and getting there exhausted, the increased wheelbase, track width, weight, braking capacity and suspension capacity will make the trip much more pleasant and trouble free so that you can better enjoy your boat when you arrive. XJ's have plenty of power, but the other areas of tow vehicle consideration are seriously lacking for any substantial trailering loads.
The first time you have to make an emergency stop on a wet mountain road with a heavy trailer in tow, you'll be thankful for the extra safety equipment you've invested in. Remember kids, be safe out there. It is not just your life on the line. :lecture: