Momentum distributions of electron-positron pairs created from the vacuum by an oscillating in time electric field are calculated in the framework of quantum field theory. A pronounced enhancement of those distributions is observed as the frequency of the electric field passes across the one-photon threshold. Below that threshold the pairs preferentially carry a longitudinal momentum, while above the threshold they tend to carry a transverse momentum. Such momentum sharing has an impact on the number of produced pairs: It grows fast with increasing the field frequency below the threshold but it saturates at a roughly constant value above it. On the other hand, at the fixed frequency above the one-photon threshold, the number of pairs scales quadratically with the field strength. This typically perturbative scaling holds even for large electric fields. Thus, the validity of the perturbation theory is extended here to processes which result in creation of particles with substantial transverse momenta.