If a foreclosure judgment enters, will there be a public auction?

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If a foreclosure judgment is entered, generally there will be a public auction. The property will be sold to satisfy the foreclosure judgment.

There are exceptions. For example, if the borrower files bankruptcy, the auction may not take place.
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Generally speaking, yes, a sale will occur at which the plaintiff has a credit in the amount of the judgment to bid on the property and other individuals and entities.

Third party bidders may be present and may, in fact, outbid the plaintiff and acquire title to the property. Those proceeds are distributed by the clerk of court to the plaintiff to satisfy the judgment.
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