The only hardware based processing availabe in the J-series is the optional encryption. All other processing occurs in software.
I don't know if there is any latency effect on stateless firewalls. I've never seen a change in applying one. But I have only used small filters. I suppose it is theoretically possible that a very large filter and high traffic would introduce some latency.
But with the J-series you are more likely to hit throughput limits for the traffic types that would affect performance before this would. Take a look at the max specs in the data sheet for they type of traffic you will be processing.