Lyric discussion by nambu 

Cover art for The Ave lyrics by Blue Scholars

"nazi dreadlock" - > "Natty dreadlock", a rasta term for a follower of the rastafarian faith

"Bobby Lanfau" -> "Babylon fall" hehe, more rasta speak for the destruction of oppression, which they call Babylon. http://en.wikipedia.org/wiki/Babylon_(disambiguation)

"up the second time around" -> "up at Second Time Around" Second Time Around is/was (its been awhile) a record shop on the Ave.

for those that don't know the song is about University Way in Seattle, near the University of Washington.

My Interpretation