That was the address of the son, Peter Jr., on April 24, 1942, given as the name and address of the person who would always know the registrant's address on his father's draft registration card. He would have been 18 or 19 by then and out of school as the info from the military on one of the pages you linked to says he only had three years of high school.
https://familysearch.org/pal:/MM9.3....-41?cc=1861144
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