The Magpies missed a chance to pull eight points clear of the relegation zone after failing to build on Yoan Gouffran's early goal at The Hawthorns.
The visitors squandered a number of chances to make the game safe before half-time but West Brom responded after the break to claim a point through Billy Jones' equaliser.
Pardew said: "I'm really pleased with a point, it is important at this stage of the season.
"We have got four games to go and I don't really care where we finish in the league as long as we are in the league. You need to make sure you secure the points and don't rely on other people not getting them.
"It is very important now we keep battling to the end. The club is in a great financial position, we have good players and if we have them all fit, we are stronger than we were today.
"Therefore, I would expect us to challenge for top 10 next season but we have got to stay in the division."