The mission statement of Oak Street School reads, "At Oak Street School we believe that each child is an individual who learns through a dynamic process. Learning will take place in an enriching, safe and fun environment that will promote individual success while also developing responsible learners and contributing members of a democratic society.

"Furthermore, we expect our students to use their academic and social skills to meet the challenges and opportunities they will experience living and working in a rapidly changing and diverse society."

The current Oak Street School building opened on Nov. 23, 2009. Since then the school has grown from 200 to 550 students, and is considered one of the finest elementary schools in New Jersey.

On the most recent New Jersey Assessment of Skills and Knowledge (NJ ASK) tests available, Oak Street third and fourth graders scored in the 98th or 99th percentile for New Jersey students in all subjects – language arts literacy, math and science.