Sheriff Sale of 1st Mortgage followed by sale of 2nd Mortgage

[Ajay Kejriwal]

Hey Guys - I purchased a first mortgage that was foreclosed at a auction in NJ a couple weeks ago.   Unfortunately, i did not do proper title search in advance, and it turns out that property had a second mortgage.  This second mortgage was foreclosed and auctioned the following week.  I am not struggling to figure out how this will work.  Will my first mortgage foreclosure take priority and all subsequent liens (including the second mortgage) get wiped out?  Or will the purchaser of the second mortgage have lien on the property?

Any thoughts will be helpful.

Thanks!!!