And God raised us up with Christ and seated us with Him in the heavenly realms in Christ Jesus,
raised us up together--with Christ. The "raising up" presupposes previous quickening of Jesus in the tomb, and of us in the grave of our sins. made us sit together--with Christ, namely, in His ascension. Believers are bodily in heaven in point of right, and virtually so in spirit, and have each their own place assigned there, which in due time they shall take possession of (Phi 3:20-21).
God's great love is the fountain; His rich mercy flows from it. We contribute nothing, no works, no merit, no boasting. Every converted sinner is a saved sinner, brought into this state by grace alone through faith in Christ, and so all glory belongs to the Lord.
AI summary
Commenting on Ephesians 2:4-10
And hath raised [us] up together, and made [us] sit together in heavenly [places] in Christ Jesus: (g) That is, as he adds afterwards, in Christ, for as yet this is not fulfilled in us, but only in our head by whose Spirit we have begun to die to sin, and live to God, until that work is fully brought to an end.