[Ethereum] Trouble with web3.eth.Contract, ABI usage with Typescript

I am having a bit of trouble using web3.eth.Contract with Typescript..

import * as ERC721ABI from "../ABIs/ERC721.json";
import Web3 from "web3";

...

const contract = new web3.eth.Contract(ERC721ABI, event.target.value);

...

The error I am receiving is:

Argument of type '({ inputs: { internalType: string; name: string; type: string; }[]; stateMutability: string; type: string; anonymous?: undefined; name?: undefined; outputs?: undefined; } | { anonymous: boolean; inputs: { ...; }[]; name: string; type: string; stateMutability?: undefined; outputs?: undefined; } | { ...; })[]' is not assignable to parameter of type 'AbiItem | AbiItem[]'.
  Type '({ inputs: { internalType: string; name: string; type: string; }[]; stateMutability: string; type: string; anonymous?: undefined; name?: undefined; outputs?: undefined; } | { anonymous: boolean; inputs: { ...; }[]; name: string; type: string; stateMutability?: undefined; outputs?: undefined; } | { ...; })[]' is not assignable to type 'AbiItem[]'.
    Type '{ inputs: { internalType: string; name: string; type: string; }[]; stateMutability: string; type: string; anonymous?: undefined; name?: undefined; outputs?: undefined; } | { anonymous: boolean; inputs: { ...; }[]; name: string; type: string; stateMutability?: undefined; outputs?: undefined; } | { ...; }' is not assignable to type 'AbiItem'.
      Type '{ inputs: { internalType: string; name: string; type: string; }[]; stateMutability: string; type: string; anonymous?: undefined; name?: undefined; outputs?: undefined; }' is not assignable to type 'AbiItem'.
        Types of property 'stateMutability' are incompatible.
          Type 'string' is not assignable to type '"nonpayable" | "view" | "pure" | "payable" | undefined'.  TS2345

    90 | 
    91 |     try {
  > 92 |       const contract = new web3.eth.Contract(ERC721ABI, event.target.value);

Any idea what I'm doing wrong here?

Also, is it possible to import multiple ABIs into web3.eth.Contract, or would I have to create separate instances for each ABI?

Finally, any idea which ABI I would need to use for interacting with Wallets, or would that need a separate call? I'm not quite sure whether Wallets on Ethereum are ALSO smart contracts, or just a public key.

Thanks