I know close to nothing about 1jz's compared to others on this forum, but i do know a few common problems with 7m engines that you should think about (dont let it deter your buying one, you just have to find one that has been taken care of)
blown headgasket (BHG) - a search will give you processes to diagnose this, hints can be coolant loss, a bubbly sound from the dash (air running thru heater core, and can be caused by other things besides a BHG), high cooling system pressures, exaust in the coolant, coolant in oil or vice-versa...
rod-knock - caused by insufficient lubrication, different theories on how this comes about, but proper oil changes and never letting the oil run low is important, and one theory as to why it is fairly common in the 7m is the BHG issue...if coolant (water) gets in the oil, it obviously will NOT lube like oil, and can kill the bearings.
aside from that, just look carefully over the car like you would any other automobile...
good luck! and if its not a stock 1jz, look for clean wiring, a well kept engine bay, and no hack-job mods, anywhere... a bad swap will only be a headache down the line....
-------I made various edits since i posted this-------
one of them, is the fact that toyota under-torqued the head bolts on the 7m from the factory, so a BHG is immenent on just about every 7m engine as far as i know. a simple retorque can fix this if the car is BHG free, and possibly has already been done... or if the BHG rebuild has been done, thats good too....
search around on the thread for common problems and there might be a buyer's guide on here somewhere, i forgot. but please dont forget to search. i say that because you have 3 posts.