$20 at best. It's the lowest end of the Fuji line, it has chrome steel for handlebars, stems, seatpost, and it appears the rims too but the pic is bad to be sure, steel cottered cranks, they used straight gauge tensil steel, the whole bike probably wieghed close to 35 pounds if not more. Buying tires alone would cost more then the bike is worth, but Nashbar still has a decent selection of 27" tires.
Edit: You might find someone who is willing to pay more if their into that kind of thing, personally I wouldn't want one if I found one for free due to the investment required to get it road worthy.