A 51-year-old man had to be taken to hospital in the early hours of Saturday morning after being stabbed in both legs and an arm.
It happened at around 1:20am at a property in St Saviour.
33-year-old James Christopher Power was arrested by armed Police officers on suspicion of grave and criminal assault.
A spokesperson from the States of Jersey Police says both men knew each other.
Later, Mr Power was also charged with larceny.
He will appear in Jersey's Magistrate's Court this morning.
The 51-year-old man was treated at the Emergency Department then discharged.

Muratti Tickets on now on sale
Jersey Cricket men's team play at Lord's
Seabird protection outweighs visual impact after predator fence appeal
Guernsey rejects inter-island ferry proposal
The newly revealed faces and details of Jersey's past
Up to £150 for families to help with school essentials
No more funding from Guernsey for Jersey company that delivers its newspapers
More security for Jersey renters and landlords from today