Should I have called this one (because there was a call in front of me and there would be more to win if I did hit) or was my fold correct?

PokerStars No-Limit Hold'em, $0.02 BB (8 handed) Poker-Stars Converter Tool from FlopTurnRiver.com (Format: FlopTurnRiver)

BB ($5.49)
UTG ($4.04)
UTG+1 ($2.53)
MP1 ($2.38)
MP2 ($0.89)
CO ($1.64)
Hero ($5.45)
SB ($3.22)

Preflop: Hero is Button with 7, 7.
3 folds, MP2 calls $0.02, 1 fold, Hero raises to $0.1, SB calls $0.09, BB calls $0.08, MP2 calls $0.08.

Flop: ($0.40) 3, K, J (4 players)
SB bets $0.16, BB folds, MP2 calls $0.16, Hero folds.