The purpose was to evaluate reliability of measurements during drop jump (DJ) and magnitude of differences in vertical jump height (VJH) when calculated using two variables: time-in-the-air and center-of-mass velocity. Thirty-seven handball players performed three single-leg and double-leg DJs on a portable force plate during two sessions. Sixteen outcome measures and four sets of reliability metrics, including intraclass correlation coefficients (ICCs), were estimated. All outcome measures, except vertical time-to-stabilization, yielded high (0.70-0.89) to very high (0.90-0.96) interday and intraday ICCs for the single-leg and double-leg DJ tests. These results indicated that the single-leg and double-leg DJ tests can be considered reliable for short-term and long-term monitoring of collegiate handball players of both sexes. In addition, the single-leg DJ VJH calculated using these two variables differed in magnitude (mean difference in test measurements: 0.64 cm, p < 0.001, effect size: 0.165). Therefore, we recommend using the same method to calculate single-leg VJH for long-term monitoring.