It's hard to do only one verse of Ephesians...Paul always writes really long sentences, and His thoughts usually extend beyond one sentence...so I'm going to preemptively say sorry, this isn't the entire context...
"Therefore remember that you, once Gentiles in the flesh- who are called Uncircumcision by what is called the Circumcision made in the flesh by hands- that at that time you were without Christ, being aliens from the commonwealth of Israel and strangers from the covenants of promise, having no hope and without God in the world. But now in Christ Jesus you who once were far off have been brought near by the blood of Christ."
I find this really encouraging...to know that we were without Christ, considered sinners and completely separated from God.
But now, through Christ Jesus, we who were separated from God now have been brought near.
Jesus paid it all.