You should always take a look at the documention

parsePhoneNumber returns …an instance of PhoneNumber class, or undefined if no phone number could be parsed…. And you can't expect that JSON.stringify(phoneNumber) will result in something that just contains a phone number.

And isPossiblePhoneNumber expects a string as parameter that is a valid phone number; the documentation states there:

This function is just a shortcut for a two-step process of "strictly" parsing a phone number and then calling .isPossible().

So what you want to do is either:

const contact_asset = "2022032034"
const phoneNumber = libphonenumber.parsePhoneNumber(contact_asset, 'US')

if (phoneNumber) {
  console.log(phoneNumber.isPossible());
}

Or

const contact_asset = "2022032034"
console.log(libphonenumber.isPossiblePhoneNumber(contact_asset, 'US'));

You can use npm package 'validator'.

npm install validator --save

then

import validator from 'validator' 

validatePhoneNumber = (number) => {
 const isValidPhoneNumber = validator.isMobilePhone(number)
 return (isValidPhoneNumber)
}


console.log(validatePhoneNumber('react')) //=> false
console.log(validatePhoneNumber('0641732123')) //=> true

you can also set the locale for specific countries (eg. 'en-ZA') and more as your options.

docs : https://www.npmjs.com/package/validator