The Record reports that Australian artist Paul Newton will paint the portrait of the Republican who left office after eight years in January.
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The cost detail was obtained through an open records request.
Democrats Jon Corzine, Richard Codey and Jim McGreevey spent a combined $74,500 for theirs. None served for two terms.
The Christie painting will likely be more formal than one of his best known images of him after he was photographed sitting on a beach closed to the public due to a budget stalemate last year.
VIDEO: Christie, lawmakers at budget impasse
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Christie appreciated luxury, watching the Dallas Cowboys from owner Jerry Jones' box and going to Jordan on the King Abdullah II's dime.
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