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God raised us up together with Christ
Here to raise up is an idiom for causing someone who has died to become alive again. Possible meanings are 1) because God has caused Christ to come alive again, God has already given Paul and the believers in Ephesus new spiritual life. AT: "God has given us new life because we belong to Christ" or 2) because God has caused Christ to come alive again, the believers in Ephesus can know that after they die they will live with Christ, and Paul can speak of the believers living again as if it has already happened. AT: "We can be sure that God will give us life as he has caused Christ to come alive again" (See: rc://en/ta/man/translate/figs-pastforfuture and rc://en/ta/man/translate/figs-idiom)
in the heavenly places
"in the supernatural world." The word "heavenly" refers to the place where God is. See how this is translated in Ephesians 1:3.
in Christ Jesus
"In Christ Jesus" and similar expressions are metaphors that frequently occur in the New Testament letters. They express the strongest kind of relationship possible between Christ and those who believe in him.