Node.js is Javascript so has built in support for json. You can use JSON.parse to convert from string to json and wrap in try catch block.
To only include select properties there is no built in feature in node that I know of unless you are using Mongodb with mongoose, but you could do following: Have a "class" that is an object containing all properties that you want and delete those from parsed json object that are not in that "class" object.
var class = {x: null, y:null};
for(var prop in object){
if (!class.hasOwnProperty (prop)) {
delete object [prop]
}
It would be best to use this class as object and expose parseJSON function to encapsulate this functionality