It is he in whom we Jews also have our inheritance, having been chosen beforehand according to the purpose of Him who executes all things according to the counsel of his will,

in which you once lived in accordance with the spirit of this present world, and the mighty prince of the air, who is always at work in the disobedient, among whom all of us, we Jews as well as you heathen,

All of us [Jews] also once lived among such people, fulfilling the improper cravings of our physical being and doing what our bodies and minds desired. In this natural [unconverted] state we were deserving of [God's] wrath, just like the rest [of mankind].

So, you Gentiles by birth should remember what you once were. You are called "Uncircumcision" by those who are called "Circumcision" [i.e., the Jews], (which refers to a physical procedure performed by people).

For Christ is [the source of] our peace. He made both [Jews and Gentiles] one people, and broke down the barrier wall of hostility that divided them,

by abolishing in His fleshly body the [entire Jewish] law of commandments contained in decrees. [This was] so that He could create in [unity with] Himself one new person [i.e., the church] out of the two peoples [i.e., Jews and Gentiles], thereby bringing about peace [between them].

thus effecting peace, and to reconcile Jews and Gentiles in one body to God, by means of His cross--slaying by it their mutual enmity.

So he came preaching "Peace" to you Gentiles who were afar off, and "Peace" to us Jews who were near;

For through Him we [Jews and Gentiles] both have access to the Father by means of one Holy Spirit.

[it is this:] that the Gentiles are now joint heirs [with the Jews] and members of the same body, and joint partakers [sharing] in the [same divine] promise in Christ Jesus through [their faith in] the good news [of salvation].