The measurement of deep water gravity wave elevations using in situ devices, such as wave gauges, typically yields spatially sparse data due to the deployment of a limited number of costly devices. This sparsity complicates the reconstruction of the spatio-temporal extent of surface elevation and presents an ill-posed data assimilation problem, which is challenging to solve with conventional numerical techniques. To address this issue, we propose the application of a physics-informed neural network (PINN) to reconstruct physically consistent wave fields between two elevation time series measured at distinct locations within a numerical wave tank. Our method ensures this physical consistency by integrating residuals of the hydrodynamic nonlinear Schrödinger equation (NLSE) into the PINN’s loss function. We first showcase a data assimilation task by employing constant NLSE coefficients predetermined from spectral wave properties. However, due to the relatively short duration of these measurements and their possible deviation from the narrow-band assumptions inherent in the NLSE, using constant coefficients occasionally leads to poor reconstructions. To enhance this reconstruction quality, we introduce the base variables of frequency and wavenumber, from which the NLSE coefficients are determined, as additional neural network parameters that are fine tuned during PINN training. Overall, the results demonstrate the potential for real-world applications of the PINN method and represent a step toward improving the initialization of deterministic wave prediction methods.